HERE IS THE ONE YOU HAVE BEEN WAITING FOR, huge savings! Welcome to this stunning 2020 custom EcoSun built home in desirable North Port, featuring 4 bedrooms, 3 bathrooms, and a spacious 2-car garage. This ENERGY EFFICIENT solar home boasts over 2,200 sq ft of beautifully designed living space with exquisite stone accents and a soaring entryway that invites you inside. Enjoy a thoughtfully designed split floor plan with elegant tray ceilings, a spacious living room filled with natural light, and a separate formal dining room perfect for all your entertaining needs.The chef-worthy kitchen is a true centerpiece with real wood cabinetry, granite countertops, stainless steel appliances, a convenient breakfast bar, and a cozy adjacent dinette. The serene primary suite offers dual closets and a luxurious ensuite bathroom, creating your private retreat. Two additional guest bedrooms feature full closets, and share a modern bathroom—ideal for family or guests. The fourth bedroom has its own ensuite bathroom with endless options and can double as in-law suite, a hobby room or office. Step outside to your private fenced backyard oasis, where you can SWIM OR SOAK YEAR ROUND in the heated saltwater pool and spa, complete with relaxing sounds accented from a tranquil waterfall. Relaxing is effortless anytime of day or night under the fabulous covered patio area, perfect for seamless outdoor living with family and friends. This fabulous home is packed with smart, energy-saving features including OWNED SOLAR PANELS, injection insulation for enhanced soundproofing, smart irrigation system, and reverse osmosis water filtration, quality of life is forefront.The FULLY AUTOMATED SMART HOME system controls lighting, garage doors, a smart doorbell, thermostat, door locks, and pool/spa functions—all accessible quickly and anywhere effortlessly directly from your phone app for convenience and EXTRA PEACE OF MIND. Additional perks include a full inside laundry, no HOA fees, NOT IN A FLOOD ZONE and a prime location in North Port well situated near to many amenities. North Port has Myakka State Park and Myakkahatchee Creek Environmental Center Park with miles of great trails, horseback riding, hiking, bird watching, biking, water views and access. Close to PG airport, dining, shopping, Stadium and beaches, Warm Mineral Springs and Aquatic Center. Don’t miss out on this luxurious, eco-friendly dream home, schedule your showing TODAY!
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.
