VA loan
1 of 42
VA loan
$525,000 SIGNIN

Sign in to see required down payment for the 2.75% rate

9005 Falcon Pointe Loop, Fort Myers, FL 33912

3 beds · 2 baths · 1,926 sqft

Welcome to your own little slice of paradise! This 3 bed, 2 bath pool home sits right on the lake, giving you gorgeous water and sunset views and a peaceful vibe every day. Step inside to find a thoughtfully designed layout with both formal and casual living spaces. The formal living and dining room are perfect for hosting special gatherings, while the spacious family room and casual dining area provide a relaxed setting for everyday living. The centrally located kitchen features a large pantry, tons of cabinets for storage, and a built-in desk and coffee bar. The spacious primary suite offers a cozy sitting area, perfect for use as an office space, exercise space, nursery or reading nook, plus a walk-in closet and en suite bathroom with walk-in shower and soaking tub. But the real showstopper? The backyard. Imagine lounging by your private pool, soaking up the sun, or enjoying a quiet evening with the lake and sunset as your backdrop. Plus, with this home’s irrigation well, keeping your lawn and landscaping lush and green is easy and cost-efficient! And with a NEW ROOF installed Feb 2025, you have peace of mind for years to come! Also, this home can be sold fully turnkey—whether you're looking for a move-in-ready home or a vacation retreat this one checks all the boxes. Talk to your agent today to explore all the possibilities! Danforth Lakes is known as the "hidden gem" of Ft. Myers, offering a community pool, fitness center, playground, tennis court, and various social activities such as food truck nights, holiday light parades, and game nights. Conveniently located near RSW airport, shopping centers, dining options, and both baseball stadiums. Low HOA fees! No city taxes! No CDD! No flood zone! Check out the 3D tour & call today to make this inviting house your HOME!

Estimated
Seller's interest rate
2.75%
7%
Estimated
Monthly payment

$1,980
$2,672
You may also save up to $219,322 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,672 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
VA
Rate
2.75%
Remaining term
26 yrs and 5 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$1,980
Principal & interest
$1,234
Mortgage insurance
-
Property taxes
$268
Home insurance
$476
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
1,926 sqft
Lot size
0.149 acres
Year built
2004
Type
Single Family Residence
HOA dues
$0.00

Source: FORTMYERS #225032097

Qualify

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.

Resources
Frequently asked questions

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.

View all FAQs
Last updated: Apr 23, 2025 09:18 am
Listing agent: Ashlee Riggle (239) 839-8101
Listing provided courtesy of: Jones & Co Realty (239) 415-5881
Details provided by FORTMYERS and may not match the public record.
MLS ID: #225032097
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.
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