8020 Laurel Vista Loop, Port Richey, FL 34668
3 beds · 2 baths · 1,512 sqft
Welcome to 8020 Laurel Vista Loop, a charming 3-bedroom, 2-bathroom home nestled in the heart of Port Richey, Florida. This inviting property features a spacious, open-concept layout with a bright living area, perfect for family gatherings. The kitchen, adorned in fresh white and blue tones, offers a cheerful atmosphere with ample cabinet space and a cozy breakfast nook. The master bedroom includes a private ensuite bathroom, while the additional bedrooms are well-appointed for family or guests. Bedroom 3 is nicely separated from the rest, offering extra privacy and making it ideal for a home office or comfortable guest room. This home showcases tile flooring throughout, eliminating the need for carpet maintenance. Step outside to the screened-in lanai, a perfect spot for relaxing or entertaining while enjoying the beautiful Florida weather without the hassle of bugs. The large fenced backyard provides ample outdoor space, ideal for gatherings or creating your personal oasis. While the home has a charming vintage feel, it’s ready for a new owner to bring their vision and style, transforming it into the perfect haven. Conveniently located near local shops, dining, parks, and schools, 8020 Laurel Vista Loop provides easy access to everything Port Richey has to offer.
Source: STELLAR #tb8309732
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8309732
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: #tb8309732
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.