249 Rotonda Cir, Rotonda West, FL 33947
3 beds · 3 baths · 2,455 sqft
From the moment you approach this home, its unique charm is evident. The stunning curb appeal is enhanced by the elegantly finished driveway and walkway, the tasteful accents on the garage door, and the inviting covered main entry featuring double doors. Upon entering, you are immediately captivated by the expansive open area that leads your gaze to the picturesque backyard, complete with a screened pool and a serene canal view. This home offers an abundance of delightful features that may surprise you at first glance. The wide baseboard trim, eight-foot interior doors, and soaring ceilings create a sense of space and elegance, while the upgraded large-format porcelain tile floors, high-quality cabinetry with granite countertops, and beautifully tiled shower walls add a touch of luxury throughout. The thoughtful layout includes three generously sized bedrooms, along with a dedicated office that overlooks the front yard—an ideal space for anyone who works from home or enjoys hobbies that require extra room. The solar panels on the roof significantly reduce the average monthly electric bill to $130, making it both an eco-friendly and economical choice. Impact windows and doors provide protection from storms and enhance security against intruders, UV light, and noise. The outdoor lanai is doubly safeguarded by roll-down aluminum shutters, complemented by a sunshade that extends protection over the spacious covered area. Rotonda West is a deed restricted community with architectural review and rules and regulations that help maintain the existing appearance of homes. Residents enjoy access to a clubhouse where a variety of clubs and groups come together. The area boasts several golf courses and walking trails, while the greater Englewood region offers stunning beaches and numerous opportunities for outdoor activities. Imagine launching your pontoon boat, canoe, or kayak right from your own backyard—this home is truly a haven for both relaxation and adventure.
Source: STELLAR #d6138179
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #d6138179
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: #d6138179
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.