2262 Rio De Janeiro Ave, Punta Gorda, FL 33983
3 beds · 2 baths · 1,877 sqft sqft
Fabulous Deep Creek POOL home! NEW ROOF, new paint and updated flooring! NO DAMAGE FROM RECENT STORMS. HIGH & DRY NEIGHBORHOOD. This home is on a SPACIOUS OVERSIZED LOT with plenty of front yard that leads to a huge sidewalk so you can enjoy walking in the neighborhood. This home features an open concept with HIGH CEILINGS including up to 14 feet in the main living room featuring sliding glass doors leading to your SCREENED LANAI and pool area. The living room is connected to the dining area and both rooms flow seamlessly to the kitchen with additional family room beyond! The kitchen features GRANITE COUNTERTOPS and AMPLE CABINETS for plenty of storage room! All appliances are included. Primary suite is on one side of the home and has private access to the screened lanai/pool area. There is also an ensuite bathroom and walk in closets. Guest rooms are across the home and an additional bathroom for your guests has a shower/tub combination. This home has a great floor plan and is MOVE IN READY! Deep Creek is a residential GOLF NEIGHBORHOOD with amenities including a park with tennis courts & bathrooms. CLOSE TO EVERYTHING including quick access to I-75. BE SURE TO CLICK THE FULL VIRTUAL TOUR LINKS FOR DETAILS! Call today with any questions and for a private showing!
Source: STELLAR #c7499262
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7499262
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: #c7499262
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.