5367 Vantage St, North Port, FL 34288
3 beds · 2 baths · 1,268 sqft
DOUBLE LOT!! Looking for extra space and modern updates? Discover this delightful home nestled on a generous half-acre of land, offering ample room for all your needs. Situated on one lot and inclusive of an adjacent corner parcel, which remains largely wooded, this property provides a fantastic opportunity for additional storage or a new building—ideal for your RV, boat, or other toys. The home features a fresh new roof, a recently installed well system, and updated kitchen appliances including a fridge, stove, and microwave. The interior boasts stylish tile flooring in the main areas and modern vinyl laminate in the bedrooms. Both bathrooms have updated vanity tops and fixtures. Outside, enjoy the privacy afforded by the greenbelt and vacant land at the rear and left side of the property. This property offers both convenience and seclusion while being located just minutes from Port Charlotte’s restaurants and shopping, as well as to North Port’s amenities, you’ll have the best of both worlds. Mature oak trees provide plenty of shade and add to the charm of this cute home, complete with a refreshing pool to cool off on warm days. Don't miss the chance to see all that this property has to offer. Schedule your visit today!
Source: STELLAR #c7493045
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7493045
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: #c7493045
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.