5521 Yellowfin Ct, New Port Richey, FL 34652
3 beds · 3 baths · 1,652 sqft
Assumable loan available at a 3.625% interest rate for qualified buyers!!! Welcome to the epitome of maintenance-free, luxurious townhome living in the gated community of Sea Forest Beach Club. This exquisite 3-bedroom, 2.5-bath townhome built in 2018 and meticulously maintained. Spacious and Convenient: This move-in-ready gem boasts an attached 1-car garage and an abundance of storage options. You'll find two large storage closets on the lower level. Every bedroom features its own spacious walk-in closet, and two of the three bedrooms come with private en suite bathrooms. Modern Living: Enjoy a contemporary open floor plan with high ceilings, a breakfast bar, and an eat-in dining area just off the kitchen. The low HOA fee and no CDD fees make this home an even more attractive option. Resort-Style Amenities: Sea Forest Beach Club offers a wealth of amenities to enhance your lifestyle. Bring your dog to this pet friendly community complete with fenced-in dog park, conveniently located a short walk from your door. Cancel your gym membership and enjoy the on-site fitness center. Relax and unwind at one of the two community pools, one of which is heated. Safety and Peace of Mind: The hurricane-rated overhead garage door and included hurricane panels (shutters) provide peace of mind during inclement weather. The home also features a tankless on-demand water heater, roof, and A/C, all only six years old. Exclusive Beach Access: Enjoy free access to the private Gulf Harbor's Beach Club on the Gulf of Mexico, perfect for soaking up the Florida sun. Prime Location: Ideally situated close to shopping, beaches, parks, restaurants, medical facilities, and more, this townhome offers the ultimate Florida lifestyle. Don't miss this opportunity to live in style and comfort in the beautiful Sea Forest Beach Club. Schedule your showing today and make this dream home yours!
Source: STELLAR #w7866565
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #w7866565
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: #w7866565
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.