503 Atwater St, Port Charlotte, FL 33954
3 beds · 2 baths · 1,378 sqft
Discover your dream Florida lifestyle at 503 Atwater Street in Port Charlotte! This beautifully remodeled turn Key Fully Furnished 3-bedroom, 2-bathroom home offers modern upgrades, a spacious layout, with a vualted ceiling in livingroom. Home has an incredible outdoor retreat—perfect for relaxation and entertaining. Investors- This home is in a great location, close to Highway 75 and most of the furniture is negotiable as well. Veterans, this home has an assumable loan at lower than going rate allowing you to save thousands! Key Features: High Elevation & Flood Safety: Situated in Flood Zone X, this property sits higher than much of Port Charlotte, significantly reducing flood risk and keeping insurance costs lower. Modern Upgrades: Enjoy peace of mind with a newer roof and air conditioning system, both just a few years old. The water heater is in excellent condition, ensuring energy efficiency and comfort. Spacious & Versatile Layout: The home features three bedrooms, including a flexible third bedroom with a closet—ideal as a guest room, home office, or personal retreat. Outdoor Oasis: Step into a backyard paradise! The private in-ground pool has new pavers and LED lighting for stunning water effects. A large covered patio is perfect for morning coffee or evening drinks, while the firepit area offers a cozy spot for gatherings under the stars. Plenty of Parking & Storage: This fully fenced, oversized lot includes two driveways, offering ample parking for guests. A small garage storage building with 110-amp service is ideal for tools or hobbies. There’s also room to park your boat, RV, or other recreational toys—all with no deed restrictions, HOA, or CDD fees. Prime Location: Conveniently located near shopping, restaurants, and hospitals, with Gulf beaches just a short drive away. This move-in-ready home is a rare find in Port Charlotte! Don’t miss out—schedule your showing today!
Source: STELLAR #C7506441
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: STELLAR #C7506441
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.