7641 Cypress Walk Dr, New Port Richey, FL 34655
4 beds · 3 baths · 2,260 sqft sqft
***NOT IN FLOOD ZONE!!! NO CDD & FHA ASSUMABLE RATE*** Welcome to Trinity Woods, where the "Elston" model offers you the luxury of a newly built home without the extra costs from the builder! As you step inside, you'll be welcomed by a spacious foyer and elegant 18"x18" gray ceramic tile flooring that extends throughout the first floor. The open floor plan centers around an inviting grand room, perfect for relaxing or entertaining. The dining area is generously sized, making it ideal for large gatherings. The kitchen is a chef's dream, showcasing upgraded level 3 granite countertops, a 33" undermount Kohler granite composite sink with updated faucet, and a substantial kitchen island with seating. Shaker-style cabinetry with modern hardware, stainless steel appliances, and a walk-in pantry complete this fantastic space. The first floor also includes a convenient half bathroom for your guests' comfort, additional storage closets, and sliding glass doors that open to your private backyard oasis. Enjoy tranquility and privacy on your conservation lot with no rear neighbors, and entertain guests in style within your vinyl-fenced backyard. Upstairs, the primary suite awaits: spacious enough to accommodate any size of furniture and a large walk-in closet. The primary's En-Suite offers dual vanities, walk-in shower, separate toilet room, and linen closet. Complementing the second floor, you have three sizable bedrooms, a versatile loft area (currently used as an office), a guest bathroom with dual vanities, more storage closets, and a laundry room with a full-size washer and dryer included for your convenience. Trinity Woods, a community of 75 single-family homes developed by DR Horton, is renowned for its friendly atmosphere and vibrant community spirit. Enjoy celebrations and festivities in this welcoming neighborhood. For financing, take advantage of the Assumable FHA loan with a very low interest rate already in place. Don’t miss out—schedule your private tour today!
Source: STELLAR #u8255805
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #u8255805
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: #u8255805
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.