17724 Wayside Bnd, Punta Gorda, FL 33982
3 beds · 2 baths · sqft sqft
NO FLOOD INSURANCE REQUIRED!!! LOW HOME INSURANCE RATES in Babcock Ranch too!! LOW HOA's!! Welcome to your new home in the vibrant community of Babcock Ranch! The entire 1439 square foot interior of this Bismarck model, 3-bedroom home has been painted, providing a fresh and clean slate for you to personalize and make your own. The kitchen, dining space, and living room effortlessly flow together in a modern design. The den offers versatile space for a home office, guest room, or play area. This open floor plan creates a seamless flow between living spaces, enhancing the home's spacious and airy feel. The large, fenced backyard space is truly a highlight, offering a generous space for outdoor activities or relaxing in your private oasis. With a space like that, your options are endless. Let your imagination take over and just run with it! The garage was also painted so it's truly ready to go!! Enjoy TONS of fun and exciting community events and activities as a resident here in Babcock Ranch. Enjoy tennis, biking, pickleball, grab a bite to each at one of our very own restaurants, enjoy Food Truck Fridays and Farmers Markets as well as a plethora of creative events put on weekly by the fabulous HOA team to ensure you have the best opportunity to connect and build relationships with new friends in the community. This home is very conveniently located to the parks, schools, Publix Shopping Plaza, Founders Square, the sports courts, Cypress Lodge Pool and Clubhouse and so much more. Come on out and see this home for yourself, bring the kids and the pets and/or both and lets try that backyard on for size today!!!
Source: FORTMYERS #224050238
Interest rate and monthly payment estimated based on public records.
Source: FORTMYERS #224050238
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What 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.
MLS ID: #224050238
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.