2161 Gardenia Ave, Port Charlotte, FL 33953
3 beds · 3 baths · 2,217 sqft
One or more photo(s) has been virtually staged. Dreaming of an active and social lifestyle? Look no further than Biscayne Landing! This Executive home, built in 2021, offers over 2,200 square feet of luxurious living space. It's a Wow with: 3 bedrooms, 3 bathrooms AND a very large office flex room, suitable for remote work, guest bedroom - you name it! Gently lived in, this home is better than new, with all "New Build Fees" already paid! Some outstanding features of this gated community include NO CDD fees, not designated flood zone, Lawn mowing, basic internet and cable included plus Pool, pickleball, tennis, and a fitness center. As you approach, the elegant glass front door opens into a bright foyer, making you feel instantly at home. The kitchen features tremendous amount of cabinetry, an oversized granite island, and a coffee bar, perfect for hosting brunches or dinner parties. Enjoy custom electric window coverings, fans in all bedrooms, additional lighting, and designer hardware that adds a touch of pizzazz. The owner's suite is tucked towards the rear for ultimate privacy. An additional en-suite bedroom is perfect for guests or family members seeking their own space. The third bedroom, conveniently located off the foyer, is ideal for visitors or a home office.Situated on a premium lot, the oversized screened rear lanai is perfect for outdoor dining and recreation, with plenty of room to add a pool if desired. The home also features a whole-house Ring alarm system and doorbell, customizable to your preferences. Close to nature preserves and all that Southwest Florida has to offer, you'll be near the Charlotte Sports Park, county Fairgrounds, and Twisted Fork for live music and great food. With Punta Gorda airport just 20 minutes away and beautiful Gulf beaches like Englewood and Boca Grande nearby, you'll have endless options for leisure and adventure. Plus, Venice is just 20 miles northwest, offering even more to explore. Isn't it time to live the life you've been dreaming of? Come see this exceptional home in Biscayne Landing today!
Source: STELLAR #N6133066
Financials
Source: Public records
Source: STELLAR #N6133066
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.