Step into this stunning former model home, where sleek modern style blends seamlessly with ultimate comfort. Nestled within the exclusive gated enclave of Secoya Reserve, this residence offers the perfect blend of privacy and luxury living in a community without golf. Rarely available, this pristine single-story home offers luxury living in a private North Naples enclave and is priced to sell. Built in 2011 by Stock Development and artfully designed by Kelli Smith Interior Design Studio, the Ruffino floor plan boasts 2,585 square feet under air and a total of 3,405 square feet, including a covered entry, attached two-car garage, and expansive lanai. With low maintenance fees and a prime spot west of Livingston Road, you're just minutes from pristine beaches, top tier shopping, and dining options in a sought after area. Inside, the open concept floor plan boasts volume ceilings, extensive millwork, and a contemporary color palette. The heart of the home is the eat-in kitchen, featuring granite counters, tile backsplash, a Culligan water filtration system, a walk-in pantry, bar seating, and stainless steel appliances. Flow effortlessly into the formal dining room and cozy great room, with tile flooring and sliding glass doors that flood the space with natural light. Three spacious bedrooms plus a versatile den with closet and French doors (offering a potential fourth bedroom), provide ample room and flexible living spaces to meet your particular lifestyle needs. The spacious primary suite offers two walk-in closets, direct lanai access, and a luxurious ensuite with soaking tub, separate shower, and dual vanities. An additional full bath and a powder room provide convenience for guests. Upgrades abound with designer-selected furnishings, wall and ceiling treatments, Hunter Douglas plantation shutters and electronic window coverings/shades, hard wired Ethernet, climate controlled garage, and an epoxy coated garage floor for that polished touch. Outdoors, paradise awaits on the fully screened private lanai with mature landscaping. Lounge in the expansive covered living area or relax in the heated pool and spa. Well irrigation and landscaping are included in the low HOA fees. This North Naples luxury home, situated within a well managed, pet-friendly, 18-acre gated haven in Secoya Reserve, combines quality construction, modern elegance, and an unbeatable location within walking distance to schools. A must see!
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.
