Step into a North Port home that's been refreshed from the studs out and is ready for its next chapter — over 2,000 square feet of beautifully reimagined living, anchored by a full 2023 remodel and a feature list that puts most homes on the market to shame. Three bedrooms, two baths, and two flexible dens give you room to actually live: one den lends itself perfectly to a formal dining room, while the other unfolds as a bright bonus space ready to become a home office, study, or creative studio. A wide screened front porch makes the first impression — calm, polished, unmistakably move-in ready. Inside, vaulted ceilings lift the great room overhead while recessed lighting and crisp natural light spill across luxury vinyl plank flooring that runs seamlessly through every room — not a single transition strip in sight. The kitchen sits at the heart of it all with stainless steel appliances, a breakfast bar built for slow mornings, and a cozy dining nook tucked in for casual meals. The split floor plan delivers true privacy where it matters. The owner's retreat is its own quiet wing, featuring dual walk-in closets and a spa-inspired bath with a walk-in shower lit by multi-color LED accents, dual vanities, and upgraded LED mirrors — the kind of bathroom that turns ordinary mornings into something a little more luxurious. On the opposite side of the home, two additional bedrooms share a fully updated bath, ideal for family or visiting guests. Out back, a generous screened lanai extends the living space outdoors and opens to a fully fenced yard with plenty of room to roam, relax, or entertain — your own private backdrop for everything from morning coffee to weekend get-togethers. Then there's the upgrade list — and this is where this home really separates itself from the pack: a 2022 roof, 2022 AC with blue-light purification, 2023 triple-pane impact windows rated to a powerhouse 175 mph, a whole-house reverse osmosis system (2023), instant hot water (2024), fresh exterior paint (2025), an extra-large storage shed (2022), and a newly added crushed-shell pad ready for your boat or RV. Translation: peace of mind for years to come. Location seals the deal. You're minutes from shopping, dining, parks, golf, and recreation, with a short drive to award-winning Gulf Coast beaches, the brand-new Sunseeker Resort, and spring training ballparks for the Tampa Bay Rays and Atlanta Braves. Quick access to I-75, Sarasota, and Punta Gorda airports keeps the rest of Florida — and the rest of the country — easily within reach. North Port living, dialed in: relaxed, connected, and ready for you to make it home.
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.
