7717 Foxbear Ct, New Port Richey, FL 34655
3 beds · 2 baths · 1,495 sqft
Get a free consultation call with an expert in the mortgage assumption process.
ASSUMABLE MORTGAGE of $320k of 2.875%!!!!! Beautiful 3-Bedroom, 2-Bathroom Home with 2-Car Garage in Nature’s Hideaway. Nestled on a quiet cul-de-sac and backing up to a serene conservation lot with no rear neighbors, this home offers both privacy and charm. The split floor plan places the primary suite on one side of the house, while the secondary bedrooms are on the opposite side. The fully renovated primary bathroom boasts a stunning walk-in shower with a built-in seat and sleek glass doors. Smart Home Features and Recent Upgrades: Nest Smoke Detectors for enhanced safety. Nest Thermostat for efficient climate control. Moen Flo Leak Detection system with automatic water shutoff for peace of mind. Smart Water Heater and Smart Water Softener for modern convenience. Whole-Home Water Filtration system for clean, great-tasting water throughout the house. Smart Samsung Kitchen Suite: Fridge, stove, dishwasher, and microwave (all installed November 2023). All New Ceiling Fans, all new blinds, providing style and comfort in every room. A dedicated laundry room with a slop sink (washer/dryer not included) and freshly painted kitchen and dining areas. Termite and pest control service paid through mid September 2025. Garage door opener and springs are new. Garage door hurricane rated. Don’t miss this move-in-ready gem!
Source: STELLAR #W7870840
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #W7870840
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.