7306 Crock Ave, North Port, FL 34291
3 beds · 2 baths · 1,381 sqft
**Assumable Mortgage @ 3.875%** Welcome to this beautifully maintained 3-bedroom, 2-bathroom POOL home located in the heart of North Port, Florida. Featuring a heated swimming pool and spa, this property offers the perfect oasis for relaxation and entertainment. The home’s open floor plan flows effortlessly, with tile flooring throughout the main living area, luxury vinyl plank flooring in the two guest bedrooms, and cozy carpet in the spacious primary suite. The primary bedroom boasts a large walk-in closet and a generous ensuite bathroom, providing both comfort and privacy. The bright and inviting dining area features double doors that lead out to the screened lanai, where you can enjoy the sparkling pool, sundeck, and private backyard—ideal for entertaining or simply unwinding poolside. Additional highlights include an outdoor shower a convenient storage shed in the backyard, offering ample storage space for tools and equipment, and a roof that is only 3 years old. The property is connected to public water but also includes a private well for irrigation, helping maintain the lush, meticulously landscaped yard year-round. The home’s curb appeal is undeniable, with mature palm trees, vibrant greenery, and a serene, well-manicured setting. Best of all, this property is not located in a flood zone, offering peace of mind and added value. Located in a quiet neighborhood, this home is close to North Port’s amenities, including shopping, dining, parks, and nearby beaches. Don’t miss this opportunity to own your slice of Florida paradise. Schedule your private showing today!
Source: STELLAR #a4632873
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4632873
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: #a4632873
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.