VA loan
1 of 46
VA loan
$359,900 $SIGNI

Sign in to see required down payment for the 2.75% rate

11915 Tempest Harbor Loop, Venice, FL 34292

3 beds · 2 baths · 1,276 sqft

SELLERS ARE OFFERING $5,000 TOWARDS BUYER'S CLOSING COSTS!! This new price is so good, it feels like I should be wearing a ski mask! NOW PRICED AT $359,900 - BRING ALL OFFERS, SELLERS ARE VERY MOTIVATED!! Welcome to the BEST PRICED HOME IN STONEYBROOK!! This home is SLEEK & STUNNING, and NOT IN A FLOOD ZONE! WELCOME HOME to 11915 Tempest Harbor Loop, a beautifully updated and move-in-ready home located in the highly desirable gated community of Stoneybrook in Venice, FL! With convenient access to I-75 and River Road, you can access downtown Venice, Sarasota, North Port, and Englewood all within just 15 minutes! Situated on one of the largest lots in the neighborhood (0.19 acres), this property offers extra space, with a breathtaking view of those perfect Florida sunsets - making it ideal for enjoying Florida living at its best. Step inside to discover a home that sings of light and breezy vibes. Fully updated with modern finishes, the entire home features fresh interior and exterior paint, elegant QUARTZ countertops in both the kitchen and bathrooms, and stylish fixtures throughout. This home has also been FREE FROM PETS AND SMOKE - so allergies need not be on notice! The kitchen is a true showstopper, complete with stainless steel appliances, large and deep stainless steel sink, Quartz countertops, sleek cabinetry, Copper hardware, and a 5-filtration reverse osmosis (R/O) system under the kitchen sink—a dream for both cooking and entertaining. Additional highlights include: • NEWER ROOF (only 2 years old) for peace of mind • Brand NEW WATER HEATER for energy efficiency • Well-maintained HVAC system for year-round comfort • Spacious side-yard thanks to the oversized lot—plenty of room for outdoor fun or relaxation As a resident of Stoneybrook, you’ll enjoy access to resort-style amenities, including a beautiful community pool & spa, fitness center, tennis and pickleball courts, sports fields, beach volleyball, walking trails, BBQ grill area, WILDLIFE, and more! You’re just minutes from multiple beautiful Gulf beaches, shopping, dining, and top-rated schools located in Sarasota County! This home is a rare find in an amenity-rich community—don’t miss your chance to make it yours! It’s PRICED TO SELL TODAY!

Estimated
Seller's interest rate
2.75%
7%
Estimated
Principal & interest
$1,245/mo.
$1,940
You may also save up to $219,796 in total interest paid.

Why Roam


Lower rates and lower down payments

The only homebuying option for you to put 5% down and get a 5% rate.

Closing guarantee

We can close in 45 days or we’ll pay the seller’s mortgage until we close.

Offer acceptance

95% of offers accepted when made with Roam. 5% accepted without.

Have questions? Email support@withroam.com

Financials
Seller’s estimated current equity is $SIGNI
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $1,245 monthly payment

Financed
$SIGNIN
Location
Use two fingers to move the map
Loan details
Remaining term
26 yrs and 4 mos
Loan type
VA
Rate
2.75%
Monthly P&I
$1,245
Remaining loan balance
$SIGNIN Sign in to view

Source: Public records

Home details
Size
1,276 sqft
Lot size
0.19 acres
Year built
2007
Type
Single Family Residence
HOA dues
$229.67

Source: STELLAR #N6137038

Qualify

To qualify, you must meet the current FHA or VA 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%. 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.

FHA (Federal Housing Administration) loans

FHA loans require the buyer to assume the mortgage as a primary residence.

VA (Veteran's Affairs) loans

You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.

Investors

You may be able to assume a VA mortgage as an investor without it being your primary residence.

Resources
Frequently asked questions

What is Roam?

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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.

What is an assumable mortgage?

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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.

Why is an assumable mortgage valuable?

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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.

How can you find assumable mortgage listings?

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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 “Get Notified” 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.

How do I qualify for an assumable mortgage?

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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.

View all FAQs
Last updated: Apr 08, 2025 06:53 am
Listing agent: Colleen Martens (571) 276-1222
Listing provided courtesy of: EXP REALTY LLC (888) 883-8509
Details provided by STELLAR and may not match the public record.
MLS ID: #N6137038
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
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