19983 Midway Blvd, Port Charlotte, FL 33948
3 beds · 2 baths · 1,761 sqft
SOLAR POWERED!! This formal model home comes with lots of recent updates. This nice size 3/2 pool home is priced not to break your bank. This home features recently, remodeled kitchen with double oven and induction cook top, updated baths, flooring and much more. This home is located conveniently to the fine amenities Port Charlotte has available. Once you enter through the screen entrance, it opens up to a huge Great room floor plan with lots of sliders giving you an opening and airy feel. Home includes a split floor plan with large master ensuite that also opens up to the pool. This home has the highly sought after southern rear exposure, which gives you sun on your pool and shade on your lanai. The beautiful pool with waterfall is encompassed by a huge lanai to enjoy the good life here in southwest Florida. Home has well for ittigation. You even get a peekaboo view of beautiful Spring Lake across your lanai. You may see can an occasional boat go by. If you’re a boater, Spring Lake boat ramp is only about a mile away. This home is centrally located for easy access to shopping, healthcare, golfing, boating fishing, you name it. It’s a perfect place to enjoy the good life. Port Charlotte sit right on Charlotte Harbor features world class fishing, tarpon tournaments, sandy beaches, dining on the water you name it. Once you see this lovely home you are going to agree. It is priced to sell. Make your appointment today. You’ll be glad you did. I’m pretty confident. You will want make this one your home.
Source: STELLAR #c7501563
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7501563
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: #c7501563
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