4304 Stones River Ct, New Port Richey, FL 34653
3 beds · 2 baths · 1,578 sqft
***PRICE IMPROVEMENT, SELLER MOTIVATED, BRING ALL OFFERS *** Must See! This immaculate well-kept home is Located in Isle located in Summer Lakes. The owner keeps this home looking like an amazing designer house. It is 3-bedroom 2-bathroom 2-car garage split floor plan home with a spacious open floor concept with high cathedral ceiling and nice back yard. The primary suite is at the rear of home for extra privacy and has sliding doors exiting at the back patio. Owners will enjoy a large bedroom with a nice oversized tub with separate walk in shower and split from the rest of the bedrooms. Second bath is large and has a tub/shower combo and is conveniently located to the main part of the house. The 3rd bedroom is roomy and can serve as a study or game room for gaming and or remote office work. The kitchen has a spacious open-floor with a pantry and a washer dryer closet for easy monitoring of laundry. The separate dining room is large enough for a large dining room table for hosting dinner parties and it overlooks the fenced backyard and covered patio with conservation views for relaxing evenings. Home has an alarm system and an epoxy floor in the garage helping to keep it clean and immaculate just like the inside of the house. There is vinyl fencing in the back that gives extra added privacy yet does not obscure the beautiful view of afternoon sunsets.
Source: STELLAR #t3528338
Source: STELLAR #t3528338
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: #t3528338
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.