22516 Bolanos Ct, Port Charlotte, FL 33952
3 beds · 3 baths · 2,280 sqft
**Stunning Florida Coastal Style Home! ** This beautifully updated, completely furnished three-bedroom, three-bath pool home perfectly embodies the allure of Florida coastal living and is a true gem. Recently remodeled, it features fresh paint, and a modern kitchen equipped with top-of-the-line stainless steel appliances. You will love the soft-close cabinetry and ample storage this kitchen provides. The home boasts two master suites, each with full baths and direct access to the pool and lanai. The additional master suite is part of recent renovations, which also include a two-car garage, an updated 200-amp electrical panel, a tankless water heater, new ductwork, new shingle roof, irrigation system, plantation shutters in addition to accordion hurricane shutters to add peace of mind. The pool area has been resurfaced and features updated tile work, and a brand-new pool heater. The spacious lanai has been tastefully updated with beautiful travertine stone. There is also an air-conditioned workshop that includes the laundry room, ensuring comfort during the hot summer months. This home retains some unique features from its original build, such as a whole house Pullman vacuum system. Situated at the end of a cul-de-sac, you can enjoy extra privacy. Conveniently located in the heart of Port Charlotte, you’ll find shopping, restaurants, hospitals, and the beautiful Florida beaches just a short drive away. Don't miss the opportunity to view this magnificent home in person! *Seller is a Licensed Real Estate Broker. *
Source: STELLAR #TB8359787
Financials
Source: STELLAR #TB8359787
Source: Public records
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%. 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.
Other resourcesWhat 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.
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