7809 Grafton Rd, North Port, FL 34291
3 beds · 2 baths · 1,372 sqft
Get a free consultation call with an expert in the mortgage assumption process.
The Home you have been waiting for! Three bedroom, 2 bath, 2 car garage home located in the North Port Estates Area nestled on over a quarter acre fenced corner lot in X Flood Zone! This area is well known for its quiet neighborhood feel and easy commute. Exterior and interior of the Home has been freshly painted. The home offers the desired open floor plan with split bedrooms and Vaulted ceilings. Kitchen has newer appliances that stay, pantry closet and counter seating. Primary bedroom features walk-in closet and private bath. Additional features include rounder corners on interior walls and oversize baseboards, hurricane rated windows and doors and large screened lanai. Recent updates include newer roof, AC, water system and fence. The yard is nicely landscaped with a producing avacodo tree and a fenced back yard for privacy, pets and outdoor activities. Schedule your showing Today!
Source: STELLAR #N6137313
Source: STELLAR #N6137313
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.