25525 Lambert Ln, Punta Gorda, FL 33950
4 beds · 2 baths · 2,339 sqft sqft
Welcome to the highly sought-after gated community of Waterford Estates in picturesque Punta Gorda. This nicely maintained residence, built in 2015, offers a perfect blend of modern comfort. With 4 spacious bedrooms, 2 well-appointed bathrooms, and over 2,300 square feet of meticulously designed living space, this property is ready for you to move in and start enjoying the best of Florida living. The home features a welcoming screened entryway that leads you into a bright and airy foyer. To the right, discover three charming guest bedrooms, each bathed in natural light and boasting generous closet space. These rooms share a bathroom with a convenient tub/shower combo. A large laundry room with additional storage is also nearby, ensuring practicality and ease. The main foyer guides you to a vast great room that effortlessly combines elegance and comfort. Enjoy greenbelt views from this central living space, which flows seamlessly into the dining room, and the kitchen. The kitchen features a center island with seating, an abundance cabinetry, and large pantry closet. The dining area has sliding glass doors out to te 20 x 8 screened in lanai area with additional outdoor patio great for grilling. On the opposite side of the home, the expansive primary suite offers a tranquil retreat. The suite includes a luxurious en-suite bathroom and an enormous walk-in closet. The property also boasts a new roof in 2022, ensuring peace of mind and longevity. Additional conveniences include a 2-car garage with ample storage including an attic, hurricane shutters and new water heater in 2023. The backyard offers a southern exposure and is deep enough to add a pool. This community offers an unparalleled lifestyle with 24-hour gated security, two sparkling pools, a state-of-the-art fitness center, billiards, a kitchen and entertainment space, pickleball courts, scenic trails, and a variety of activities. The HOA maintains the lawn and irrigation, allowing you to enjoy your home with minimal upkeep. Plus, you're just a short drive from historic downtown Punta Gorda, offering an array of shopping, dining, boating, sailing, golf, and entertainment options, with easy access to I-75 and US-41.
Source: STELLAR #c7499963
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7499963
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: #c7499963
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.