965 N Boundary Rd, Englewood, FL 34223
2 beds · 2 baths · 1,268 sqft
Seeking Exceptional Coastal Living Without Compromising Quality?…Step Into A Gracefully Designed Sanctuary Where Tranquility, Sophistication, and Unmatched Gulf Coast Access Converge…this Highly Sought-After Haven Offers Serenity and Seamless Access To The Best of Florida’s Suncoast…Tucked Away in a Distinguished, Quiet Neighborhood...This Impeccably Maintained Residence Sits Across From A 400-Acre Preserve Where Bald Eagles and Gopher Tortoises Roam…Creating a Private Oasis Just 15 Minutes From Three Pristine Beaches…Ride Your Bike to the Shores of Manasota Key…Stroll to a Secluded Path Leading to Lemon Bay Right Outside Your Door…or Launch Your Kayak at Lemon Bay Park…a Quick 3-Minute Drive…Paddle to Blind Pass Beach in Under 30 Minutes While Avoiding Crowds…Crafted for Both Comfort and Resilience, This Home Checks all of the Boxes!...Rugged Hurricane Performance with a New Roof…Impact Windows & Doors...PLUS Exceptionally Low Energy Bills…The Beautifully Updated Kitchen Enhances the Home’s Move-In-Ready Appeal…Making It An Exceptional Retreat or Investment Opportunity…Nestled on a Private Street and No Through Traffic…Yet Mere Moments From the Vibrant Dearborn Street Farmers Markets…and The Convenience of Buchan Airport Within a Short Distance Not to Mention Easy Access to Sarasota-Bradenton International Airport…Situated in Flood Zone X, This Property Offers Significant Savings on Flood Insurance, as Coverage is Typically Optional and More Affordable in These Low-Risk Areas...Experience an Idyllic Coastal Lifestyle Without Sacrificing Accessibility to Venice, Sarasota, Golf Courses, Shopping, Dining, Entertainment…and All of the Area’s World-Renowned Water Amenities…Schedule Your Private Tour Today and Live A Fuller Life in Bay Vista!
Source: STELLAR #A4643119
Financials
Source: STELLAR #A4643119
Source: Public records
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.