7714 Jasmine Blvd, Port Richey, FL 34668
2 beds · 2 baths · 1,015 sqft
One or more photo(s) has been virtually staged. Welcome to your dream retreat in the heart of Jasmine Lakes! This adorable 2-bedroom, 1.5-bathroom gem offers the perfect blend of comfort and convenience. Step inside to discover an inviting open floor plan adorned with beautiful ceramic tile floors, creating a warm and welcoming atmosphere. The spacious living area seamlessly flows into a large back porch, perfect for relaxing or entertaining guests. You'll love the over-sized 2-car garage, providing ample space for storage or a workshop. Plus, there's a detached utility shed for even more storage options. The partially fenced yard offers the ability to close off a small section and have a pet run, while the well for irrigation can assist in bringing the landscape back to life. Enjoy the best of both worlds with a tranquil neighborhood setting, yet just moments away from shopping and transportation. This home is bursting with potential, making it an incredible value at this price point. Don't wait too long – this charming Port Richey home won't last! Schedule your private showing today and make it yours before it's gone! *** This property may qualify for Seller Financing (Vendee). Property was built prior to 1978, Lead Based Paint Potentially Exists.***
Source: STELLAR #W7871581
Financials
Source: STELLAR #W7871581
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.