2038 Mincey Ter, North Port, FL 34286
3 beds · 2 baths · 1,832 sqft
NOT IN A FLOOD ZONE. NO HOA OR CDD! NEWER ROOF 10/2021. NEWER WATER HEATER 10/2021. New laminate flooring throughout the house Remodeled both showers/ tubs NEW GUTTERS SEPTIC WAS SERVICES 02/2021. FRESHLY PAINTED INSIDE and OUTSIDE COME SEE THIS BEAUTIFUL REMODELED HOME, 3bd/2ba.Entire house has new paint and laminate flooring throughout the house. Home is located in quiet neighborhood with quick access to I-75, shopping, restaurants, schools, and beautiful Florida beaches. This home features a desired open concept living area, features a split living floor plan making it great for gatherings with friends and family. The living room has a large sliding-glass doors that leaves the space feeling light and bright. The spacious kitchen opens up to breakfast nook with a large window overlooking the beautiful front garden. Kitchen comes with maple cabinets and vine rack built in above the refrigerator. A Den/office/extra bedroom is off of the front hallway with great arch. and two spacious bedrooms with a fully remodeled full bathroom. The master bath features remodeled shower, large garden tub and large walk in closet. This home also features an indoor laundry room, a large 2 car garage with an electric garage door opener and hurricane shutters. This home has many more great features. Come and see this gorgeous home. With privacy in mind, the master suite is separated from the other two bedrooms. The home sits in a quiet neighborhood located in young and growing North Port, one of the most popular locations to live. Excellent location, peaceful neighborhood, minutes from I-75 & Tamiami Trail! Convenient to Florida’s best BEACHES, GOLFING, PUBLIC BOAT RAMPS, MARINAS, SHOPPING, physicians, water park, Atlanta Braves Practice Stadium, Tampa Bay Rays Practice Stadium, Historic Riverfront Downtown Punta Gorda & Fishermen’s Village, and a short drive to Sanibel, Captiva, Fort Myers, and Boca Grande, etc. All information deemed reliable, but not guaranteed; buyer to confirm all. Call today to schedule your showing.
Source: STELLAR #N6137667
Financials
Source: STELLAR #N6137667
Source: Public records
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%. 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.
Other resourcesWhat 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.
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