One or more photo(s) has been virtually staged. Welcome home to a truly special under-roof retreat where comfort, privacy, and Florida living meet in perfect harmony. This solid block home sits on a fully fenced lot, offering the best of both worlds: a serene, gated-feel interior and easy access to everything North Port offers. With 3 bedrooms and 2 bathrooms, you’ll find a thoughtful layout that’s ideal for entertaining, relaxing, a forever home or a great investment. Step inside to brighten up your day with an airy, open floor plan featuring tile and laminate flooring throughout—no carpet to worry about. The home is freshly repainted in January 2026, giving it a crisp, modern feel from the moment you walk in. The living spaces flow seamlessly, providing abundant room for gatherings, movie nights, and everyday living. Enjoy modern conveniences like city water and city sewer, with the added benefit of a fully fenced backyard for privacy, pets, and outdoor entertaining. The oversized enclosed Florida sunroom expands your living space—perfect for a year-round sunroom retreat, a sunny home office, or a relaxing lounge area to soak up the Florida sunshine. Location is everything: you’re just minutes from Warm Mineral Springs, with public transportation nearby if desired, and you’ll love being in a quiet neighborhood that’s still close to shopping, dining, top-rated schools, and local landmarks. A short drive places you near Cool Today Park, Wellen Park, the Port Charlotte Mall, Port Charlotte Beach Park, and easy access to Route 75 and I-41. Best of all, there are no HOA fees, no CDD, and no rental restrictions, giving you maximum flexibility for a primary residence, vacation home, or rental property. This home shines as a great starter residence, a smart investment property, or your long-awaited forever home. Don’t miss your chance to secure this bright North Port retreat—schedule your private showing today and experience the lifestyle you’ve been dreaming of.
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.
