PRIVATE, PEACEFUL, AND PERFECTLY POSITIONED IN THE HIGHLY SOUGHT-AFTER GATED COMMUNITY OF HARBOUR OAKS! This impressive Punta Gorda home offers an exceptional blend of space, privacy, and indoor-outdoor Florida living — all set on an expansive TRIPLE LOT within one of the area’s most desirable and beautifully maintained communities. With a sparkling pool, oversized garage, and a bright, flowing layout designed for comfort and entertaining, this property is truly a rare opportunity. This 3-bedroom, 2-bath home welcomes you with an open floor plan that flows effortlessly toward the SPARKLING POOL AND EXPANSIVE LANAI, creating the ideal setting for relaxing, entertaining, or enjoying peaceful Florida evenings. Large windows and sliding doors bring in abundant natural light, enhancing the home’s airy and inviting atmosphere. The kitchen offers generous cabinet and counter space, a convenient breakfast bar for additional seating, a built-in wine rack, and a cozy breakfast nook overlooking the pool area — the perfect place to start your morning. A separate formal dining area sits just off the kitchen and near the spacious laundry room with additional cabinetry for storage, adding both convenience and functionality. The split floor plan ensures privacy for both owners and guests. The primary suite, located just off the living room, features direct access to the lanai and an impressive, oversized bathroom complete with dual vanities, a massive walk-in closet, a claw-foot garden soaking tub, and a separate shower. An additional mirrored flex space within the primary bath offers the perfect spot for a sitting area, vanity space, or private workout area. On the opposite side of the home, two generously sized guest bedrooms share a Jack-and-Jill bathroom, with one bedroom offering direct access to the pool and lanai — ideal for visiting guests or family. Situated on THREE LOTS, the property provides extra breathing room and features a SIDE-ENTRY OVERSIZED GARAGE with a large parking pad, offering plenty of space for vehicles, storage, or hobby space. The home also features tile flooring throughout the main living areas and bathrooms and a NEW A/C, providing both style and peace of mind. Residents of Harbour Oaks enjoy a grand gated entrance, tennis courts, shaded sidewalks, and a peaceful park-like setting, all while being conveniently located near the best of Punta Gorda’s shopping, dining, waterfront activities, and historic downtown. Homes in this highly desirable gated community rarely become available — schedule your private showing today and discover the lifestyle Harbour Oaks has to offer.
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
