218 Mossrosse St, Fort Myers, FL 33913
3 beds · 2 baths · 1,422 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Charming Pool Home in Mirror Lakes – No HOA! Welcome to 218 Mossrosse Rd, a beautifully updated 3-bedroom, 2-bathroom home located in the quiet, family-friendly Mirror Lakes community of Fort Myers. As you step through the front door, you're greeted by a wide open floorplan with cathedral ceilings and a clear view of the sparkling pool beyond. Natural light fills the space, creating a warm and welcoming atmosphere. The REMODELED kitchen features NEW butcher block countertops and stainless steel appliances, ideal for both everyday living and entertaining. Throughout the home, NEW luxury vinyl plank flooring and NEW baseboards add a fresh, modern touch, while the master bathroom has been tastefully renovated (2024) to offer a spa-like retreat. The large enclosed lanai extends your living space outdoors and provides the perfect spot for gatherings with family and friends. The screened-in pool area is ideal for year-round enjoyment, and storm shutters add peace of mind during storm season. The home also includes a convenient Jack-and-Jill bathroom between guest bedrooms, CITY water and CITY sewer, and a two-car garage. Set in a peaceful, established neighborhood, this home offers an exceptional opportunity to enjoy the Southwest Florida lifestyle with easy access to Fort Myers, shopping, dining, and nearby Gulf beaches. Whether you're looking for a family home, seasonal escape, or investment property, this home checks all the boxes.
Source: FORTMYERS #225035838
All values shown are estimated costs / mo.
Source: Public records
Source: FORTMYERS #225035838
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.