7631 Bloomingdale Dr, New Port Richey, FL 34654
2 beds · 2 baths · 988 sqft sqft
Welcome to 7631 Bloomingdale Dr in New Port Richey, FL! This beautifully updated 2-bedroom, 2-bath villa offers 988 sq. ft. of modern living space, perfect for those seeking comfort and convenience. Step into a brand-new kitchen featuring sleek stainless steel appliances, a custom coffee bar, integrated LED lighting, and a charming plant window. The sunlight feature enhances energy efficiency, brightening your day while saving on energy costs. The master bathroom boasts a stunning walk-in shower and an upgraded vanity, and each closet has been customized for maximum organization. With no carpet and updated flooring throughout, this home is designed for easy maintenance. Stay cool year-round with a new AC installed in 2020, and enjoy the convenience of an indoor laundry area located in the enclosed lanai (not included in the square footage). Outside, the extended front porch offers a relaxing space, and low-maintenance rubber mulch surrounds the home for easy upkeep and fewer pests. You'll also love the two dedicated covered carport spots and exterior storage space. This villa is part of a quiet, well-maintained community where the HOA covers your roof, lawn maintenance, trash, watering, and sprinkler system. Enjoy access to the clubhouse and community activities, with a pool available for an additional fee. Conveniently located near shopping, parks, golf courses, and the Suncoast Hwy, this home has it all—without the need for flood insurance. Don’t miss your chance to live in this move-in ready gem!
Source: STELLAR #tb8313674
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8313674
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: #tb8313674
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.