1481 Hyssop Loop, North Port, FL 34289
2 beds · 2 baths · 1,854 sqft
**3D Virtual Tour** Upgrades galore! Why wait to build when this gorgeous 2019 built 2-bedroom, 2 bathroom + DEN home with 2022 A/C is available now! This home has pulled out all the stops! Zero edge lanai door, upgraded kitchen, diagonal porcelain floor tiles, extra spacious screened in lanai, accordion style hurricane shutters, plantation shutters, water softener, kitchen RO unit, OVERSIZED GARAGE with workshop, ceiling storage and phantom screen for the overhead garage door. This home is in the sought-after, gated, 55+ RESORT STYLE community of Del Webb Cypress Falls. With 9-foot ceilings and 8-foot doors, the atmosphere is open, bright and welcoming. This home boasts an open and spacious Great Room floor plan that overlooks the chef's kitchen and island bar, which has solid wood cabinets, quartz countertops, stainless steel appliances and a large convenient pantry that completes this space. The owner's suite, conveniently located off the kitchen, has a large window with views of the water and an en-suite master bath complete with a walk-in-closet, dual sinks, private toilet closet and walk-in-shower. The generously sized guest bedroom, located towards the front of the home, is complemented by an additional full bathroom. The den features a build in murphy bed, to allow this space to double as an office/den or a spare bedroom! The zero edge sliding lanai doors bring the outdoors in! Grab a good book and enjoy the Florida weather, water views and natural wildlife in your backyard oasis. Cypress Falls has earned its reputation as one of the top three retirement communities in Florida. This 55+, maintenance-free community offers resort-style living with a small-town feel and an abundance of activities and amenities, from pools and spa to pickleball courts, bocce ball, billiards, and various clubs and classes. This is a rare opportunity to indulge in the epitome of luxury and hassle-free living so what are you waiting for? Give me a call to schedule a showing today!
Source: STELLAR #c7497719
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7497719
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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?
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?
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?
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?
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.
MLS ID: #c7497719
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.