216 Shrub Ln N, North Fort Myers, FL 33917
2 beds · 2 baths · 1,248 sqft
TURNKEY MOBILE HOME IN FOREST PARK 55+ COMMUNITY - N. FT MYERS This beautifully updated1991 mobile home in the sought-after 55+ Forest Park Community is the perfect blend of comfort and convenience. Situated in a prime location just 2 miles from shopping and 20 miles from the stunning Fort Myers Beach, this home is ideal for both relaxation and recreation. Step inside to discover a spacious, move-in-ready home with vaulted ceilings that create an airy, open feel. Recent upgrades include a brand-new floor covering with sturdy three-quarter inch plywood underneath, 2025 AC Unit, fresh plumbing throughout, and all electrical outlets replaced for peace of mind. The sunroom has been redone, offering a bright and inviting space for relaxation. Enjoy cooking in the modern kitchen, complete with newer appliances such as a gas stove, dishwasher, and garbage disposal, plus a water filter for added convenience. The guest room is a standout with two spacious closets, while the master suite offers a walk-in closet and an updated en-suite bath with a walk-in shower, new vanities, and a ceiling fan for added comfort. Additional updates include newer windows, vapor barrier replaced in 2020, and a well-maintained newer shingle roof. Forest Park itself is an active, friendly community with plenty to do - - whether you enjoy bingo, poolside gatherings, dinners, dances, or exercise classes, there's something for everyone. With its prime location and abundance of amenities, this turnkey home is ready for you to move in and start enjoying everything Forest Park has to offer!
Source: NABOR #224093251
Financials
Source: NABOR #224093251
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.