VA loan
1 of 96
VA loan
$1,049,900

4197 Glade Wood Loop, New Port Richey, FL 34655

4 beds · 3 baths · 3,178 sqft

Welcome to your dream home, a stunning 4 BR, 3 bath luxury residence built in 2020, offering almost 3,200 sq. ft. of exquisite living space. Nestled in the desirable Woodlands/Longleaf community, this exceptional property features a 3-car garage and a serene pond in the backyard, perfect for tranquil evenings. This home is equipped with solar panels for you to enjoy low energy costs. As you approach, you’ll be greeted by a beautiful paver driveway and a charming front porch. Step inside to discover an open floor plan adorned with wood-look LVP flooring, crown molding, and ceiling beams that elevates the appeal of the great room and kitchen. The striking stone gas fireplace reaches the ceiling, creating a warm and inviting focal point. Sliding doors seamlessly connect the interior to the outdoor oasis, where a sparkling saltwater pool and spa await. The gourmet kitchen is a chef's delight, boasting upgraded Cambria Britannicca quartz countertops, a farmhouse sink, and stainless GE Cafe appliances, including a double oven and professional gas cooktop. The custom paneled range hood and lighted cabinetry add elegance, while the center island features ample storage with deep cupboards. Enjoy meals in the separate dining room or al fresco on the pavered lanai. Retreat to the spacious primary suite, featuring a luxurious ensuite bath with separate vanities, a free-standing soaking tub, and a large walk-in tile shower with a rain showerhead. The custom closet offers built-ins for all your storage needs. Three generous guest bedrooms also feature custom closets, ensuring everyone has their own space. This home is not just about luxury; it also boasts significant upgrades. The large laundry room offers practicality with ample cabinets and storage, upgraded custom lighting throughout the home. Outside, entertain in style with outdoor speakers, TV wiring, and a natural gas line for your grill or future outdoor kitchen. Enjoy the extensive community amenities, including Longleaf Elementary, community pool, playgrounds, sports fields, and walking trails. With easy access to shopping, medical facilities, golf courses, and the Suncoast Expressway, this home truly offers the best of Florida living. Don’t miss your chance to own this remarkable property in one of Trinitys most sought-after neighborhoods! Schedule your private showing today!

Estimated
Seller's interest rate
5.23%
7%
Estimated
Principal & interest
$5,074/mo.
$6,064
You may also save up to $326,670 in total interest paid.
Listing price
$1,049,900

Your cash down payment
$162,820
Seller’s estimated current equity is $162,820
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with a 2nd mortgage.
Estimated $5,074 monthly payment

Financed
$887,079
Assumed mortgage 5.23% • Seller's rate
$887,079
2nd mortgage 9.25% • No prepay penalty
$0

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
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Details
Home
Size
3,178 sqft
Lot size
0.26 acres
Year built
2020
Type
Single Family Residence

Source: STELLAR #W7869519

Loan
Remaining term
27 years, 6 months
Rate
5.23%
Monthly P&I
$5,074
Remaining loan balance
$887,079

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

expand content

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.

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Last updated: Jan 20, 2025 07:01 pm
Listing agent: Amy Searcy (205) 281-0349
Listing provided courtesy of: RE/MAX CHAMPIONS (727) 807-7887
Details provided by STELLAR and may not match the public record.
MLS ID: #W7869519
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$5,074/mo
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