VA loan
1 of 50
VA loan
$825,000 SIGNIN

Sign in to see required down payment for the 2.625% rate

19821 Waterloo Way, Estero, FL 33928

3 beds · 3 baths · 3,059 sqft

ENJOY PICTURESQUE SUNRISES FROM YOUR PRIVATE LANAI WITH THIS 3 CAR GARAGE "SUMMERVILLE" MODEL WITH POOL/SPA IN THE PLACE AT CORKSCREW! LOCATED ON THE VERY DESIRABLE "WATERLOO WAY"... AN INTIMATE ENCLAVE OF ONLY 9 HOMES ADJACENT TO A LARGE PARK-LIKE GREEN SPACE! This Residence offers 3 Bedrooms + Den, 3 Full Baths (1 Guest Bath is En-suite), 3 car garage, and 2445sf living space. UPGRADED 12”X 24” TILE THROUGHOUT THE ENTIRE HOME (NO CARPET). This home boasts long and WIDE PRESERVE VIEWS and a SPACIOUS LANAI WITH A HEATED POOL AND SPA with Sheer Decent Spillway. The eastern rear exposure provides for SPECTACULAR FLORIDA sunrises in the morning and cool relaxing evenings on the covered lanai. When arriving at this residence, you will be greeted by a spacious DOUBLE DOOR entry with DESIGNER GLASS DOOR INSERTS enclosed with a SCREENED FRONT ENTRY. The OPEN CONCEPT LAYOUT is optimal for gatherings with friends and family. The CHEF’S KITCHEN is appointed with White Cabinetry, Granite Countertops, Stainless Steel Appliances, REVERSE OSMOSIS at the Kitchen sink, Pendant accent lighting and an EXPANSIVE KITCHEN ISLAND... perfect for entertaining and family gatherings. The oversized dining area features LARGE WINDOWS and an UPGRADED CHANDELIER. The Greatroom with TRAY CEILING and CROWN MOLDING opens up to your pool area. Relax on your screened, covered lanai or splash around in your HEATED pool and spa with PRIVATE PRESERVE behind the home (no neighbors in view!). The pool cage is equipped with LED LIGHTS, perfect to set any mood. The Primary Bedroom is enhanced by a TRAY CEILING, HIS/HER CLOSETS while the Primary Bath showcases SPLIT VANITIES and a SPACIOUS WALK-IN SHOWER. Other post-closing improvements include: WHOLE HOUSE WATER SOFTENER SYSTEM, INSULATED GARAGE WITH MINI SPLIT A/C UNIT, PRE-WIRED FOR A WHOLE HOUSE PORTABLE GENERATOR. PROPERTY IS HIGH AND DRY AND LOCATED IN FLOOD ZONE X... NO FLOOD INSURANCE REQUIRED! The amenities at The Place at Corkscrew are second to none!... Resort Pool w/100' Waterslide & Spa, Indoor Restaurant and Bourbon Bar, Cafe, Outdoor Bar, Fitness Center, Movement Studio, Tennis, Pickleball, Bocce, Basketball, Playground, Dog Park, Childwatch, Spa Services, 2 Entry Gates. Just Minutes to Schools, Shopping, Restaurants, Airport, Beaches. For GOLF ENTHUSIASTS, the highly rated Jack Nicklaus designed OLD CORKSCREW GOLF CLUB is open to the public and located directly across the street from the community entrances! NEW PUBLIX GROCERY STORE PLAZA... JUST 1.4 MILES AWAY!!! OTHER TENANTS INCLUDE DUNKIN DONUTS, UPS STORE, NEW YORK PIZZA & PASTA, NAIL SALON, HEARTLAND DENTAL, AND MORE!

Estimated
Seller's interest rate
2.625%
7%
Estimated
Monthly payment

$3,331
$4,549
You may also save up to $372,760 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 $4,549 monthly payment

Financed
SIGNIN
Location
Use two fingers to move the map
Loan details
Loan type
VA
Rate
2.625%
Remaining term
25 yrs and 6 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$3,331
Principal & interest
$2,159
Mortgage insurance
-
Property taxes
$422
Home insurance
$749
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
2,445 sqft
Lot size
0.3143 acres
Year built
2020
Type
Single Family Residence
HOA dues
$0.00

Source: FORTMYERS #225023782

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 18, 2025 05:55 am
Listing agent: Matt Bresee, PA (239) 287-0686
Listing provided courtesy of: Exp Realty, LLC (888) 883-8509
Details provided by FORTMYERS and may not match the public record.
MLS ID: #225023782
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.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.