11031 Zimmerman Rd, Port Richey, FL 34668
3 beds · 2 baths · 1,490 sqft
Welcome to your new sanctuary at 11031 Zimmerman Rd, Port Richey, FL 34668. Nestled in a friendly, tranquil community, this 3-bedroom, 2-bathroom haven is ready to welcome you home.Step inside to discover 1490 square feet of comfort and style. Every corner boasts upgrades that will delight your senses and elevate your living experience. A brand-new roof and AC ensure peace of mind, while meticulously weatherized windows promise energy efficiency year-round.Immerse yourself in the luxury of all-new floors and baseboards that grace the bedrooms, hallways, and bathrooms. Fresh paint adorns every inch, complemented by the gentle breeze of newly installed ceiling fans in each bedroom. The kitchen shines thanks to its all-new hardware, inviting you to culinary adventures with ease.But the allure of this home extends beyond its walls. Picture yourself as part of a community where serenity reigns supreme. Yet, within less than a mile, adventure beckons with Sun Coast Amusements, Inc., Jasmine Lakes Travel Park Inc., Belle Ridge Retreat, and Congo River Golf awaiting your discovery.Convenience is key here, with a plethora of amenities at your fingertips. From restaurants to banks, healthcare facilities to shopping centers, everything you need is within easy reach. And when it's time to unwind, the breathtaking beaches of Clearwater and St. Pete's Beach are just a short drive away.As the seller transitions to a new chapter, the opportunity to make this treasure your own awaits. Don't miss your chance to embrace a lifestyle of comfort, convenience, and community. Welcome to your new beginning.
Source: STELLAR #t3527962
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3527962
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: #t3527962
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.