4258 SWENSSON ST, Port Charlotte, FL 33948
MOTIVATED: price reduced! Welcome to this spectacular 3-bedroom, 2-bathroom POOL HOME with a Den and an Oversized 2-car Garage, situated in a quiet and friendly neighborhood in Southwest Florida. This home has a VA assumable mortgage; BELOW 3%, WOW!! Sellers are open to VA assumable if the Buyer is a VA member and can assume on buyers own VA benefits to utilize this type of financing. As you approach the property, you'll appreciate the peaceful surroundings and friendly neighbors, many of whom are dog families, making it a dog-friendly community. This home offers the perfect blend of comfort and convenience, with easy access to shopping and dining options just minutes away, including Walmart, Publix, Home Depot, and Lowe’s. You're also only 15-20 minutes from I-75, providing quick access to Punta Gorda and a 30-minute drive to the beautiful beaches of Southwest Florida. The interior of the home features numerous updates, including a brand-new HVAC system installed in September 2023, new pool screens (18 gauge for no see-ums) in May 2023, refaced kitchen cabinets in May 2022, and master closet built-ins in September 2022, adding both style and functionality. Master Bedroom flooring is Porcelain Tile and the Master Bath was remodeled with a new walk-in shower and countertops. The roof was replaced in 2016 and recently inspected with a few shingles replaced post-Hurricane Ian. The soffit/fascia was completely replaced in November 2022, ensuring the home's structural integrity. Other notable upgrades include a tankless water heater installed in July 2022 and a water softener added in October 2022, providing energy efficiency and improved water quality. The heart of this home is the kitchen with solid wood cabinets, granite countertops, and stainless steel appliances. The spacious living room with pocket sliders opens up to the screened lanai and sparkling pool, creating a perfect indoor-outdoor living experience. This home is a true gem, offering modern amenities, a peaceful setting, and a location that's convenient to everything Southwest Florida has to offer. Don't miss your chance to make this your new home! Note: Sellers Flood Insurance is TRANSFERABLE!!! Schedule a showing today to experience the luxury and convenience this home has to offer.
You may be able to put down less than the total down payment amount of $60,691 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #c7491383
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.