122 ORTONA ST, Lehigh Acres, FL 33936
WE LOVE BUYERS AGENTS! Priced at recently appraised value! Call today to schedule your private showing of this 3 bedroom, 2 bath home, with attached 2 car garage, and nearly 1800 sq ft under air! As soon as you arrive you'll notice the spacious screened entry and extra wide driveway; the perfect place to park extra cars, toys or boat, plus room for an RV (with RV plug already in place). Then, as you step inside, you'll be greeted by a generous great room with cathedral ceilings and cedar wood accent beams. The kitchen is authentic to the year-built and in pristine condition, and offers an abundance of cabinet and counter space! Recently redone dome ceiling in kitchen (with LED lights) makes it brilliantly bright, while the pass through window to the lanai adds an extra touch of functionality. Updated appliances include the dishwasher (6 months) and disposal (1 yr). The water heater was replaced in July 2024, and the washer is only 1 year old! Adjacent to the kitchen is the dining area that opens to the Florida room, which is also accessible by the second guest room via sliding glass doors. A split plan, you'll love the privacy of this layout! The generous guest bath offers a long vanity, combo tub/shower & linen closet. The primary suite boasts a 52" ceiling fan, walk in closet, updated vanity with blue quartz top, updated shower and newer laminate flooring. Interior laundry with full size washer, dryer, and utility closet. Fully fenced backyard with view of a canal, plus the corner lot, make this home's location incredibly private ~ with neighbors only on one side! Backyard also offers two Mango trees, plus a Macadamia Nut tree. Best of all, your new home is on city water and sewer (so never well/septic to worry about). Other updates include ... roof replaced in 2018 (with 3rd nail), new blower just installed in AC, impact windows throughout, security system, pull down stairs to attic, complete with extra storage, electrical panel replaced 2024, new sinks and toilets, and generator plug-in. You'll also appreciate the oversized garage complete with utility sink. Nestled in Country Club Estates, your new home is far enough out for privacy, yet close enough to appreciate a myriad of shopping and dining options, schools, parks & libraries.
You may be able to put down less than the total down payment amount of $167,785 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Frequently asked questions
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #224074439