13281 Little Gem Cir, Fort Myers, FL 33913
4 beds · 3 baths · sqft
Discover the charm of this magnificent, gated community known as Magnolia Lakes in the highly sought-after Gateway area of Fort Myers. This inviting two-story home boasts 4 spacious bedrooms, 2.5 modern baths, and a three-car garage - ideal for growing families or those seeking extra storage space. The huge kitchen, complete with stainless steel appliances, beautiful countertops with plenty of cabinet space, and an abundance of drawers. Beautiful wood flooring flows throughout the main living areas, while carpeted stairwell and bedrooms upstairs create a cozy retreat. Conveniently, the laundry room is located upstairs for added ease. Enjoy the expansive backyard, perfect for adding a pool or creating your dream outdoor oasis. The large screened-in lanai offers a perfect setting for relaxation or entertaining guests year-round. As part of a close-knit community, residence benefit from easy access to local parks, top-rated schools and a variety of shopping and dining options, all within a serene secure environment. LOW HOA fees include cable, landscaping & exterior pest control. No flood insurance required! Gateway community offers its residents many more features including a choice of seasonal/annual golf membership. Your new home is minutes away from I-75, RSW International Airport.
Source: FORTMYERS #224026481
Interest rate and monthly payment estimated based on public records.
Source: FORTMYERS #224026481
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
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.
MLS ID: #224026481
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.