16420 Edgemont Dr Fort Myers, FL 33908
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About this home
One of the best locations in Lexington Country Club available with a 2% assumable mortgage. Beautiful open view of the complete 18th fairway and Club House. Location is one of the most desirable and largest Premium Villa Lots in Lexington with a pie-shape of 9800 square feet. Professional landscaping and solar lighting front and back. This is a single-family Modified “Andover 2” Plan that features a 20-foot wide panoramic view from the lanai overlooking two lakes with a perfect view of the golf course and Clubhouse. This Golf Village Home has been completely updated in the last three years with new remote control High Wind Hurricane Screens and Window World Hurricane Windows. The open concept layout features all tile flooring for easy maintenance. ADA compliant single-floor plan with three bedrooms including a gorgeous Master Suite including remote control lighting & fan plus large 4 x 10 ft walk-in tile shower just completed. Quartz counter tops grace new dual vanities and custom bath lighting. Suite features 7 x 11 ft walk-in closet with chandelier and “California-type” modular cabinets and hanging bays on both sides. The entire house features plantation shutters, 10-foot ceilings and crown molding. The 20-foot long U-shaped kitchen is a home-maker’s dream with updated custom cabinetry, custom pantry and solid quartz countertops. Brand new Whirlpool stainless steel appliances including 4-drawer French-style fridge, dishwasher and induction range with air fryer. Features a brightly lit morning room with an open view of front yard and entrance. Custom laundry area with full cabinets and top-end Electrolux Perfect Steam washer and dryer. Large bedrooms have lighting and fans, plus new built-in queen size Murphy bed in the third bedroom/den. New 16-Seer Carrier Comfort-maker split system Air Conditioner/Heat Pump installed in 2022, including UV light filtration in ductwork. New Rheem 50-gallon water heater. Google remote video cameras in garage, front entrance and back lanai. Google Nest II thermostat plus front video/voice doorbell. Both the interior and exterior of the entire house were freshly painted in 2023. Offering partially furnished including giant 75-inch 4K Samsung TV - Roku Surround Sound. Large Tommy Bahama credenza, glass Tommy Bahama dining room table and chairs, custom Howard Miller china cabinet, new 50-inch Roku Hisense TV in Master bedroom and six-foot deluxe Tommy Bahama desk in 3rd bedroom. Garage refrigerator, large Lanai firepit and Weber bar-b-que are also included.
Source: FORTMYERS #2025015560
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.