2203 Christopher Ave N Lehigh Acres, FL 33971
Your savings
About this home
THIS IS A SHORT SALE. Welcome to your move-in ready home that sits on OVER half an acre on a corner lot in a prime location in Lehigh Acres! This spacious property offers incredible flexibility with its generous lot size, ideal for creating the outdoor space of your dreams. Walk into two separate living areas with vaulted ceilings and an open kitchen that includes upgraded appliances. NEW ROOF in 2018 and NEW AC in 2019! Property is NOT in a flood zone. Two-car garage with a flex room and an extended driveway for extra parking, plenty of room to entertain both indoors and out. Primary bathroom includes separate tower and tub with dual vanities. Conveniently located near RSW Airport, shopping, dining, and major roadways. Come see the potential and everything this home has to offer! Bring ALL offers, call today!
Source: FORTMYERS #2025014776
Loan details
Neighborhood
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.