Discover the perfect combination of space, comfort, and Florida outdoor living in this beautifully maintained CBS pool home situated on an oversized .46-acre DOUBLE LOT with no HOA. Built in 2009 and offering 2,126 square feet of living space, this 3-bedroom, 2-bath home with a spacious 2-car garage provides room to spread out both inside and out. Step inside to find an inviting open-concept floor plan filled with natural light from large windows and three sets of sliding glass doors. Vaulted ceilings and rich hardwood floors enhance the home's spacious feel, while the formal dining room offers the perfect setting for gatherings and entertaining. The well-designed kitchen is the heart of the home, featuring granite countertops, a breakfast bar, pantry, Lazy Susan cabinet storage, and a convenient pass-through window to the lanai, making indoor-outdoor entertaining effortless. The split-bedroom floor plan provides privacy for owners and guests alike. The spacious primary suite features a walk-in closet and an ensuite bath complete with a relaxing walk in jet tub. Outdoor living shines with a screened and heated pool, expansive screened lanai, fenced dog run, and plenty of yard space thanks to the Double Lot. Bring all your toys! Additional features include impact windows and doors, a 2021 metal roof, 2020 air conditioning system, 2024 water heater, public water and sewer, generator, 500-gallon propane tank, two storage sheds, pull-down attic stairs, and a split A/C unit in the garage. The oversized garage offers extra cabinetry for exceptional storage and workspace. Located in a well-established Port St. Lucie neighborhood, you'll enjoy quick access to I-95, the Florida Turnpike, Becker Road, and Port St. Lucie Boulevard. Tradition, Darwin Square, shopping, dining, parks, and the beautiful Treasure Coast beaches are all just a short drive away. This exceptional property offers the rare combination of a double lot, modern updates, and resort-style outdoor living—all with the freedom of no HOA.
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.
