168 SW Oakridge Dr, Port Saint Lucie, FL 34984
3 beds · 2 baths · sqft
This beautifully maintained three-bedroom, two-bathroom home features a unique split floor plan, ensuring privacy and comfort for everyone. One of the bathrooms includes a convenient cabana bath, perfect for guests enjoying the stunning saltwater pool and spa. Situated in a peaceful neighborhood, this property boasts a fully fenced yard with no neighbors to the back or west side, offering an extra sense of tranquility. The accordion shutters on all openings provide both security and peace of mind during storm season. The home is equipped with a full-house gas generator and a reverse osmosis water system, ensuring your comfort and convenience at all times. Entertain in style with a separate dining room and an inviting entertainment room, ideal for gatherings with family and friends. The oversized two-car garage features a side door and utility sink, adding even more functionality. With plenty of space on the side of the house and in the backyard, there's room for all your recreational toys - whether it's a boat, fifth-wheeler, RV, or jet ski. The sprinkler system ensures your landscaping stays lush and vibrant. Location is key! You're just blocks away from the boat ramp leading to the beautiful Saint Lucie River and the ocean. Plus, you're less than five minutes from Florida's Turnpike, shopping, dining options, schools, and medical facilities. Families will appreciate the proximity to school bus stops and parks, making this home perfect for all. Schedule a viewing today and make this oasis your own! Some photos have been virtually staged.
Source: BREVARDMLS #1028566
Interest rate and monthly payment estimated based on public records.
Source: BREVARDMLS #1028566
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: #1028566
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.