5504 Carbine Ct, New Port Richey, FL 34655
4 beds · 2 baths · 1,858 sqft
4-bedroom, 2-bathroom home showcases a spacious and fluid layout with a 2-car garage, and a cozy wood-burning * fireplace* in the family room. Explore this well maintained Pool Home in the desirable River Crossing community of New Port Richey, Florida. Relax in the spacious family room with vaulted ceilings, and benefit from *NO FLOOD INSURANCE* payments, *LOW ANNUAL HOA* dues and with *SOLAR PANELS* for more affordable electric bills!, Budget friendly Rheem Water Heater *GENERAC GENERATOR* Back Up System in place for piece of mind during those unexpected power outages! This lovely home is perfect for those in search of a roomy and inviting living environment. The four bedrooms provide ample space for everyone to have their own area, while the two bathrooms ensure convenience for all. The open Kitchen is remodeled with beautiful cabinets and stone countertops. Cooking is quick on the propane stove range. Nice INDOOR laundry room with over head storage, washer and dryer which convey with the sale of this home. The two-car garage provides plenty of storage and parking space. The screened in lanai and inviting pool are perfect for unwinding and hosting guests. Situated in a cul-de-sac within the desirable River Crossing community, this property features affordable annual HOA fees, making it an appealing choice for those looking for a inviting community and value. The wood-burning fireplace adds a cozy and welcoming touch to the open layout, creating a warm ambiance for gatherings with loved ones and friends. Conveniently located a short drive from Downtown New Port Richey’s Main Street where many fun activities are held. Come see for yourself, reach out to us today to arrange a showing and turn this dream home into your reality!
Source: STELLAR #u8235926
Source: STELLAR #u8235926
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: #u8235926