VA loan
1 of 50
VA loan
$1,248,000

15920 Country Ct, Fort Myers, FL 33912

4 beds · 3 baths · sqft sqft

Absolutely Stunning!! Located on 2.6 Acres within the sought after acreage estate enclave of Briarcliff in South Fort Myers this 4 Bed, 2.5 Bath Pool Home will check all the boxes! As you pull up to the electric gated entrance you will be in aww with the professional landscaping abound, completely fenced yard and brick paved entrance that leads up to this impeccably maintained home and detached garage. As you enter you will fall in love will the vaulted ceilings with natural cedar beams and skylights throughout that allow lots of natural light and a warm feel. Superior floor plan that includes formal dining, living room and a huge great room that encompasses the gourmet kitchen will additional sitting area with wet bar, wine cooler and wood burning fireplace made of Coquina Stone from Saint Augustine. The chef will appreciate all the extra space, high end wood cabinetry granite countertops and loads of storage all complete with a cedar wine cellar. Enjoy the fun and sun poolside with expansive lanai, full outdoor kitchen with propane grill, outdoor shower and half bath, fire pit, sun deck, pergola, and gazebo overlooking the pond. Plenty of room to store all of your toys with a 2 car attached garage with AC, and additional 1,008 sq. ft. concrete block detached garage with 30 & 50 amp RV hook up and 200 amp electric service which could be converted into a mother in law suite. All of the major systems have been updated in the last few years which include new roof on both structures, hurricane impact windows and skylights, new A/C units, hot water heater, remodeled master bath and a new well system for irrigation that is 320 ft. deep. The property has city water and well for irrigation. High and dry. No water issues ever! Not in a flood zone. Zoned AG2. County taxes only. Private location backing up to the 10 mile canal so you will not have neighbors behind you. A definite must see!

Interest rate 3
2.875%
With Roam
6.5%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,686
With Roam
$2,492
Reduce your monthly payments by $805 when you assume this mortgage.
You also save $261,712 in total interest paid.

$867,417
Edit

You may be able to put down less than the total down payment amount of $867,417 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
Details
Home
Lot size
2.617 acres
Year built
1986
Type
Single Family Residence

Source: FORTMYERS #224063630

Loan
Remaining term
27 years, 1 month
Rate
2.875%
Monthly P&I
$1,686
Remaining loan balance
$380,582

Source: Public records

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?

expand content

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?

expand content

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?

expand content

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?

expand content

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?

expand content

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.

View all FAQs
Last updated: Oct 22, 2024 11:05 pm
Listing agent: Jandy Wade (239) 247-3216
Listing provided courtesy of: Realty One Group MVP (800) 896-8790
Details provided by FORTMYERS and may not match the public record.
MLS ID: #224063630
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 45 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$1,686/mo
View details