1315 Thompson St, North Fort Myers, FL 33903
3 beds · 2 baths · 1,725 sqft
Welcome to Belle Aire Lagoon: Your Tropical Oasis. Discover this unique, island-like neighborhood, a serene and peaceful enclave on a Gulf Access Canal that offers a Lake like view! Relaxation Awaits! Spend your evenings by your new pool, complete with a sun shelf and built-in swim-up table and seating. The heated saltwater pool offers a cool-down option for those really hot days and a hot tub for cooler winter evenings. Entertain in Style with The Tiki Hut, built in 2023, which features a media wall and ample outdoor seating for entertaining and family gatherings. The property has been completely renovated and is "MOVE-IN" ready! The home boasts a new AC system with all-new ductwork, a new roof, and a beautifully updated kitchen with quartz countertops, New high end stainless appliances, Gas Range, built in wine cooler and custom wood cabinetry. Fresh paint throughout, updated bathrooms with quartz counters, gutters, a whole-house water softener, propane tank that serves the tankless hot water heater, and the gas range, fenced yard and lots of lush tropical landscaping, paved driveway & pathway and 50 amp RV outlet are just a few of the upgrades. Additionally, the home features reverse osmosis, new tile flooring and a new stackable washer and dryer. Embrace the tropical lifestyle at Belle Aire Lagoon and make this paradise your new home! This home has been in a lucrative vacation rental programme!
Source: FORTMYERS #225023422
Financials
Source: FORTMYERS #225023422
Source: Public records
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%. 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.
Other resourcesWhat 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.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.