28022 Arrowhead Cir, Punta Gorda, FL 33982
4 beds · 2 baths · 1,846 sqft
A stellar move in ready property with an outstanding value! Buyers take note - an assumable mortgage with ultra-low interest rate is available! Call directly for details. Welcome home to the fabulous Calusa Creek Community of Punta Gorda! This one owner 4-bedroom 2-bathroom 2 car garage bestselling DR Horton Cali model home is in pristine condition with thoughtful upgrades including crown molding in central living areas, and gorgeous luxury vinyl plank flooring in the master bedroom and master bathroom. This lot has plenty of room for a private pool. Boasting an eastern exposure, enjoy morning coffee or tea from your screened lanai, gazing at your very own Florida sunrise. Step from the lanai to a bonus paver patio with grill extension - a perfect spot for entertaining or relaxing. The home plan features an open concept design with 1846 sqft of living space. 18-inch ceramic tile throughout the central living spaces with carpet in the 3 forward guest bedrooms. Arched passageways to the kitchen and master bedroom add an elegant touch. Enjoy cooking in your ample kitchen with large pantry. Entertain friends and family in the dining area and living room. You'll retreat to the master bedroom for privacy at the far end of the property, with ensuite master bathroom featuring dual sinks, a generous walk-in closet and water closet. Perfect landscaping surrounds the entire property. Seamless rain gutters upgraded ceiling fans, hurricane shutters, and an electric generator back feed port on the outside of the garage provide additional value. Calusa Creek offers a safe and vibrant community with neighborhood activities throughout the year, low HOA fees, a community pool and security gate. Excellent outdoor community clubhouse with walking and biking paths along the scenic lake. Historic downtown Punta Gorda, boat ramps, walking and biking paths are all in close proximity. Medical care, shopping and dining, beaches and airports minutes away. And of course, Fisherman's Village just a short drive away. Don't miss your chance to own this move in ready home at such a great value! Call for an appointment today!
Source: STELLAR #c7500274
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7500274
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: #c7500274
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.