HUGE PRICE REDUCTION! NEW LANDSCAPING AND FRESHENED LANAI PAVER WORK COMPLETED! One of the Newest REMODELED MONTE CARLO Models Just Hit the Market in Stoneybrook of Venice! This stunning 2-story home offers the perfect blend of spacious living, privacy, and luxury—ideal as a primary residence or second home. Situated in the highly desirable gated community of Stoneybrook at Venice, this home features 5 bedrooms + bonus room, 3 full bathrooms, 2 family rooms, and a 3-car garage with space for a workshop, extra storage, or even boat parking. Step outside to your private backyard oasis, featuring a heated Pebble Tec pool and spa, surrounded by pavers and enhanced with a brand-new pool cage (2024) & NEW POOL PUMP (2023). The lanai overlooks a peaceful community lake, creating the perfect setting for relaxation or entertaining. Inside, enjoy extensive designer upgrades throughout, including: A brand-new, fully remodeled kitchen showcasing quartz stone countertops, VIKING stainless steel appliances, a separate dry bar, custom cabinetry, and a stunning oversized quartz island with a porcelain farmhouse sink Designer gold fixtures and chandelier pendant lighting that add elegance and style New luxury vinyl flooring throughout the home Custom designer lighting fixtures added throughout Fully remodeled primary bathroom with bright, custom tile work, a walk-in shower, soaking tub, and a his-and-hers full-wall quartz vanity New vanities added in all bathrooms Fresh landscaping enhancing curb appeal The first floor includes a full guest suite with separate bedroom and bathroom—ideal for multi-generational living or visiting guests. The open-concept living area flows effortlessly from the gourmet kitchen, which also includes a built-in desk area and crown molding throughout the main living spaces. Upstairs, the expansive primary suite features dual walk-in closets, a dual-sink vanity, soaking tub, walk-in shower, and private water closet. You'll also find a loft-style office or flex space, an additional family/bonus room, three more bedrooms, and the third full bathroom. Additional Features: Separate laundry room Hurricane shutters Dual-zone HVAC system for energy efficiency Ample indoor and garage storage space Stoneybrook at Venice is a resort-style gated community offering premier amenities, including a 24-hour fitness center, resort-style pool, tennis & pickleball courts, basketball, playground, and a clubhouse with scheduled events and activities. Located just minutes from I-75, US-41, Wellen Park, Myakka River, downtown Venice, and some of the Gulf Coast’s most desirable beaches: Venice Beach, Nokomis Beach, Manasota Key, Siesta Key, and more. This upgraded, move-in-ready home is truly a rare find—schedule your private showing today before it's gone! Get the family into Venice High School here at 2146 Snapdragon!
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.
