8020 Laurel Vista Loop, Port Richey, FL 34668
3 beds · 2 baths · 1,512 sqft 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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #tb8309732