2363 Homestead Cir, North Port, FL 34286
3 beds · 3 baths · 2,176 sqft
Your tropical oasis awaits! This picturesque pool home sits on a meticulously kept double lot. As you enter through the double doors, you will immediately notice the open concept and have a view to the pool. The living room has built in shelves to house all your books or nick knacks. Enjoy a good book on your built in bench seat. You can see how spacious the dining room is that currently has a large pool table with enough room for any trick shot!! The kitchen has granite countertops, stainless steel appliances, and a pantry. This kitchen has a great work triangle and ample space for all your cooking and baking needs. There are built in barriers to protect the integrity of the masterpiece you will be creating(or just keeping the kids / pets out while you cook). Enjoy breakfast at your kitchen island or in the dinette area with a view to the pool. The family room is large and has a great view of the pool. The master bedroom, located on one side of the home, includes two walk in closets, a soaking tub, walk in shower, and private toilet. There are two guest rooms and bathroom. The pool area has a half bath, and plenty of space to lounge. If you are chilly and don’t want to take a dip in the pool, you can warm up by your stone firepit. This part of the yard is fenced to keep the children or pets close while you enjoy smores’. The storage shed has plenty of space to put supplies for the pool or lawn equipment. Banana trees, a lime tree, an avocado tree and pineapple plants add to the tropical ambience and provide you with fresh fruit. The 3 car garage has ample space for storage, workspace, or plenty of parking. Welcome home!!
Source: STELLAR #c7500486
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7500486
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: #c7500486
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.