390 35th Ave NE, Naples, FL 34120
3 beds · 2 baths · 1,440 sqft
Imagine waking up each morning in your own private oasis in Naples, Florida. Set on 1.59 acres, this beautifully updated 3-bed + den, 2-bath home offers a lifestyle of tranquility and modern luxury. As you step inside, the open-concept design immediately welcomes you with natural light and vaulted ceilings. Every detail of this home has been thoughtfully upgraded, from the sleek wood plank tile, to fully remodeled bathrooms. The heart of this home is the kitchen, featuring granite countertops, stainless steel appliances, and wooden cabinetry. Venture through the garage into the bonus den—a blank canvas waiting to suit your lifestyle needs, whether that be a private office, hobby room, or a playful retreat for the little ones. Step outside to your expansive screened lanai, where a private pool and spa await, nestled among lush greenery. With a southern rear exposure, this outdoor haven is bathed in warm sunlight throughout the day. With no HOA, no CDD, and no rental restrictions, this home offers freedom that’s hard to find. Plus, it’s situated in a non-flood zone, meaning no flood insurance is required. If you’ve dreamed of owning a piece of paradise in Southwest Florida, this is your chance to make it a reality—where the best of nature, style, and convenience come together in one beautiful place.
Source: NABOR #224088573
Source: NABOR #224088573
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.
