7081 Waterford Pkwy, Punta Gorda, FL 33950
3 beds · 2 baths · 1,758 sqft
Get a free consultation call with an expert in the mortgage assumption process.
STUNNING LAKEFRONT HOME in WATERFORD ESTATES! Welcome to this beautifully updated 3-bedroom, 2-bathroom home in the highly sought-after gated community of Waterford Estates. This home offers a spacious and open split-floor plan, featuring luxury vinyl flooring and fresh carpet. The great room is filled with natural light and opens to an extended lanai with epoxy-finished floors, screening, and serene lake views—perfect for relaxing or entertaining. Enjoy 78 FEET of lake frontage and the convenience of a spacious fenced-in yard! The kitchen is a chef’s dream, boasting quartzite countertops, Samsung stainless steel appliances, a water softener, a reverse osmosis tank, a touchless faucet, and ample cabinet space. An eat-in dining area with bay windows overlooks the front yard, creating an inviting space for meals. The primary suite offers a true retreat boasting an en-suite bath featuring dual sinks, walk-in closet with built-in shelving, a linen closet, and a walk-in shower. Two additional guest bedrooms provide comfortable accommodations for family and visitors. The laundry room is thoughtfully designed with barn doors, built-in shelving, and LG appliances. Step outside to your fenced backyard oasis, where you can enjoy peaceful water views from your generous 14x20 sized lanai. Additional upgrades include a re-roof in 2022, gutters, and a screened front entry. Living in Waterford Estates means access to resort-style amenities, including two heated community pools, pickleball and bocce ball courts, and a clubhouse with a fitness center, billiards, and a card room. Ideally located near I-75 and Punta Gorda Airport, this home is minutes from historic downtown Punta Gorda, offering easy access to shopping, dining, entertainment, and scenic walking/biking paths. Don't miss your chance to own this exceptional lakefront home in one of Punta Gorda’s premier communities. Schedule your private showing today!
Source: STELLAR #C7506558
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.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #C7506558
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.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.