Fannie Mae changes for these type of mortgages: second home mortgages, investment properties, and high balance loans. There will be additional costs for mortgage buyers of second homes and investment property mortgages. Loan level price adjustments for second home buyers, investment property buyers, and high balance loan customers for new purchase loans and mortgage refinancing.
A high balance LLPA will not apply if any borrower on the loan is a first–time homebuyer. Total qualifying income of all borrowers is less than or equal to 100%. Fannie Mae is also introducing a new loan–level price adjustment (LLPA) for cash–out refinance transactions. This LLPA will apply to all cash–out refinance transactions regardless of the borrower’s occupancy status. In addition, Fannie Mae is increasing the minimum credit score requirement for all borrowers on all mortgage products to 620. This change will take effect on May 1st, 2023. Fannie Mae is also introducing a new loan–level price adjustment (LLPA) for loans with a loan–to–value (LTV) ratio greater than 95%. This LLPA will apply to all mortgage products regardless of the borrower’s occupancy status.
There are ways to avoid Fannie Mae’s new additional fees. Call for more information. Call 239-370-1513
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2812 6th PL, Cape Coral, FL 33909 CAPE CORAL
3Bedroom(s)
2Bathroom(s)
20Picture(s)
1,552Sqft
Visits:0
The FOXTAIL floor plan has three bedrooms, two full bathrooms, a two-car garage, and 1,552 square feet of living space. When you walk in to this home, you are greeted by two open rooms on either side of the foyer: a living room on one side and the dining room on the other. The kitchen offers plenty of counter seating and overlooks the spacious great room.
$314,990
2122 9th PL, Cape Coral, FL 33993 CAPE CORAL
4Bedroom(s)
2Bathroom(s)
16Picture(s)
2,134Sqft
Visits:0
BRAND NEW HOME IS COMPLETE and AVAILABLE NOW! The MAJESTIC floor plan has four bedrooms and a den, two full bathrooms, a two-car garage, and 2134 square feet of living space. An island-design kitchen overlooks the spacious Great Room, which offers plenty of room for gathering and entertaining. The den is located at the front of the home.
$346,000
14070 Carlotta ST, Fort Myers, FL 33905 BUCKINGHAM PARK
4Bedroom(s)
3Bathroom(s)
32Picture(s)
2,373Sqft
Visits:0
Welcome to your dream home in one of Fort Myers most sought-after neighborhoods! This beautifully maintained 4 bed 3 bath home offers the perfect blend of comfort, style, and functionality.
$414,900
3214 11th PL, Cape Coral, FL 33914 CAPE CORAL
3Bedroom(s)
3Bathroom(s)
45Picture(s)
2,398Sqft
Visits:0
This Waterfront Gem Has It All! Don’t miss this beautiful home with 3 bedrooms,3 full bathroom, 3 car garage, fully fenced yard with a pool and spa and Western exposure for beautiful sunsets. They also have a 250 gal buried propane tank with a Generac generator that will run the whole house if needed. The kitchen is a chef's dream with a gas stove and much more.
$575,000
629 28th TER, Cape Coral, FL 33993 CAPE CORAL
4Bedroom(s)
2Bathroom(s)
12Picture(s)
1,650Sqft
Visits:0
This 4 bedroom 2 bathroom centrally located home which features a luxurious open floor plan with 1650 sq ft. of living space, a kitchen with a quartz counter top, stainless steel appliances and wood cabinets .To complement the modern kitchen the whole house will have custom title flooring throughout the house. The master bathrooms has a large walk in shower with tiles and quartz counter top.
$549,900
319 Lorena AVE, Lehigh Acres, FL 33974 LEHIGH ACRES
3Bedroom(s)
2Bathroom(s)
17Picture(s)
1,325Sqft
Visits:0
New construction! The home features 3 bedrooms, 2 bathrooms, and a 2-car garage. Plus, it has a formal dining room and a formal living room. The bathrooms are tiled and include a shower in the master bathroom. The kitchen and bathrooms have granite countertops. The entire house has tiled floors.
$299,900
19 Garden DR, Fort Myers, FL 33908 GARDEN COVE
2Bedroom(s)
1Bathroom(s)
28Picture(s)
768Sqft
Visits:0
Welcome to Your Slice of Paradise in Garden Cove!
Step into this fully renovated, light-filled, and impeccably clean home located in the peaceful and welcoming Garden Cove — a gated 55+ lifestyle community in Fort Myers, Florida. This thoughtfully updated residence features a brand new, state-of-the-art kitchen—perfect for cooking, entertaining, and enjoying the heart of your home.
$139,900
830 Egret LN, Key Largo, FL 33037 NOT APPLICABLE
4Bedroom(s)
4Bathroom(s)
25Picture(s)
2,880Sqft
Visits:0
Builders Own Waterfront, 4 Bedroom, 4 Bath Pool Home on Corner Lot with Elevator, Dock, Tiki Hut and Breathtaking Views! This builder spared no expense on his family home! Nestled on a dead-end road across from Pennekamp Coral State Park this private, resort-like property boasts a double lot on a quiet corner with stunning views from every window.
$2,290,000
219 Columbus BLVD, Lehigh Acres, FL 33974 LEHIGH ACRES
3Bedroom(s)
2Bathroom(s)
17Picture(s)
1,325Sqft
Visits:0
New construction! The home features 3 bedrooms, 2 bathrooms, and a 2-car garage. Plus, it has a formal dining room and a formal living room.The bathrooms are tiled and include a shower in the master bathroom. The kitchen and bathrooms have granite countertops. The entire house has tiled floors.
$299,900
44525 Panther DR, Punta Gorda, FL 33982 BABCOCK RANCH
2Bedroom(s)
2Bathroom(s)
41Picture(s)
1,979Sqft
Visits:0
+55 WATERFRONT LUXURY HOME WITH PRIVATE POOL & SPA IN BABCOCK RANCH, FL This stunning new construction home is perfectly positioned on a serene lakefront homesite with desirable northern exposure, offering breathtaking water views from the main living areas and outdoor spaces.
$593,000
314 20th TER, Cape Coral, FL 33993 CAPE CORAL
4Bedroom(s)
2Bathroom(s)
11Picture(s)
1,650Sqft
Visits:0
This 4 bedroom 2 bathroom centrally located home on an oversize lot which features a luxurious open floor plan with 1650 sq ft. of living space, a kitchen with a quartz counter top, stainless steel appliances and wood cabinets .To complement the modern kitchen the whole house will have custom title flooring throughout the house.
$549,900
818 Gardenside CT, Lehigh Acres, FL 33936 WILLOW LAKE
2Bedroom(s)
2Bathroom(s)
25Picture(s)
1,176Sqft
Visits:0
elcome to this beautifully renovated 2 bed 2 bath ranch home! This open floorplan welcomes you into a large great room that has new vinyl plank and big windows that bring in so much natural light. Exit down the hall to a peaceful primary suite that has its own renovated private full bath. The second bedroom also has new flooring and paint and a totally renovated bath of its own.
$270,000
2254 Crystal DR, Fort Myers, FL 33907 FORT MYERS
3Bedroom(s)
2Bathroom(s)
15Picture(s)
1,463Sqft
Visits:0
Investor’s Dream in Prime Fort Myers Location! Opportunity knocks at 2254 Crystal Dr! This property is packed with potential and ready for transformation. Featuring a newer roof and brand-new impact-rated windows and sliders, the major exterior upgrades are already in place—now it’s time to bring your vision to life inside.
$300,000
1224 41st ST, Cape Coral, FL 33909 CAPE CORAL
3Bedroom(s)
2Bathroom(s)
12Picture(s)
1,285Sqft
Visits:0
NEW CONSTRUCTION WITH WARRANTY! MOVE-IN READY!! The Santa Maria’s open floor plan blends the Great Room, kitchen, and dining room to create a large main living area that flows effortlessly through sliding glass doors to the breezy covered lanai. You’ll immediately notice the vaulted ceiling over the Great Room and statement breakfast bar built into the kitchen’s island-style cabinetry.
$276,990
1269 ARGOSY RD, Labelle, FL 33935 LABELLE
3Bedroom(s)
3Bathroom(s)
37Picture(s)
1,547Sqft
Visits:0
Beautiful BRAND NEW Smart Home 3 bed /2.5 bath home rendered by nature, high ceilings, and huge backyard making it suitable for a variety of lifestyles. This home comes complete with a stainless steel range, microwave, refrigerator and dishwasher + 2 car garage.
$339,900
2216 43rd LN, Cape Coral, FL 33914 CAPE CORAL
3Bedroom(s)
3Bathroom(s)
50Picture(s)
2,331Sqft
Visits:0
Welcome to 2216 SW 43rd Ln, a beautifully maintained 3-bedroom, 3-bathroom pool home located in one of Cape Coral’s most desirable neighborhoods near Cape Harbour. This spacious residence features soaring ceilings and a thoughtful layout with both a separate family room and living room, offering plenty of space for entertaining and everyday living.
$544,900
903 ALBERT AVE, Lehigh Acres, FL 33935 LABELLE
3Bedroom(s)
3Bathroom(s)
37Picture(s)
1,547Sqft
Visits:0
Beautiful BRAND NEW 3 bed / 2.5 bath home rendered by nature, high ceilings, and huge backyard making it suitable for a variety of lifestyles. This home comes complete with a stainless steel range, microwave, refrigerator and dishwasher + 2 car garage.
$359,900
1901 Clifford ST, Fort Myers, FL 33901 SUNSET VISTA
2Bedroom(s)
2Bathroom(s)
23Picture(s)
1,267Sqft
Visits:0
Motivated Seller – First-Floor Riverfront Condo!
Experience stunning unobstructed river and sunset views from your private lanai. This bright and airy corner unit features fresh paint and has never sustained storm or water damage. Conveniently located on the first floor with easy access to the pool, parking, and dock, and is handicap accessible.
$299,900
