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5273 Crestline Ter, Port Charlotte, FL 33981
4 beds · 3 baths · 2,320 sqft
MOTIVATED SELLER! ASSUMABLE MORTGAGE AT A GREAT LOW RATE of 2.7% ! WOW!!!! Welcome to your dream home in the highly sought-after neighborhood of Gulf Cove! This beautiful, modern 4-bedroom, 3-bathroom pool home offers a perfect blend of comfort and luxury, with thoughtful updates throughout. With bright living spaces and soaring ceilings, the spacious open floor plan, featuring a huge chef's kitchen, is ideal for entertaining, providing plenty of room for family and guests. Flowing seamlessly beyond the living room through the expansive sliders is your private oasis, featuring a heated pool and a large, fully fenced backyard for pets, gardening, and added relaxation. Whether you're enjoying a peaceful morning on the covered lanai next to the pool or an evening gathering under the stars, this home is designed for indoor-outdoor living at its finest. You can take a walk around your property to see three pineapple plants and pluck a ripe mango from your very own Mango tree!!! Located only 5 minutes from the community boat ramp and 15 minutes from the beautiful sandy beaches of the Gulf, this home is perfect for enjoying the water, yet it's NOT in a flood zone! Recent updates include a new roof installed (2021), a whole-house water purification system (2023), an AC unit (2023), a water heater (2024), and a whole-house generator. Solar panels installed in 2023 add energy efficiency and low monthly electric bills to the list of improvements. Near multiple golf courses, shopping, and dining options, as well as the Charlotte Sports Park, home of Tampa Bay Rays spring training, Gulf Cove is a wonderful community to call home. Call today for your private tour.
Source: STELLAR #C7510911
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #C7510911
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 620, 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 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.
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.
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.
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 “Save search” 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
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