8115 SAN BERNARDINO DR, Port Richey, FL 34668
PRICED to SELL!!! ASSUMABLE mortgage! Call for details! Welcome home to this spacious 3-bedroom, two full bath with oversized 2 car garage! NO age restriction!!! NO FLOOD insurance required! NEW Vinyl fencing!! NEWER windows, electrical panel and sprinkler system (2021), NEW roof (2022) and NEW A/C (2023). Kitchen has NEW recessed lighting, all NEW electrical outlets and newer ceiling fans throughout. Exterior of home has recently been pressure cleaned and painted. No wasted space in this living room/dining combo. The floorplan comes with a bonus room that could easily be used as a FOURTH bedroom, family room, etc. The true master suite has double closets. Inside laundry room with plenty of additional closet and storage space. Security system and doorbell ring camera are in place. This home sits on a beautiful lot with a parklike setting. NO rear neighbors! Room for your own PRIVATE POOL! San Clemente Village is located within Timber Oaks. This is a very popular community with an active clubhouse and pool. There is NO age restriction to live in San Clemente. However, must be 55 years and over to use pool and clubhouse for an additional fee of $30.00 a month. Seller has a VA loan that is ASSUMABLE to a qualified buyer. Will save the new buyer thousands on closing costs, etc. Located just minutes from the Gulf of Mexico, restaurants, shopping and medical facilities. Tampa International Airport is approximately 40 minutes. PRIVACY fence is allowed! You will have peace of mind with this beautiful home, knowing all the important upgrades have been done. Just under 2000 total square footage of living...a must see! NO AGE RESTRICTION!! Current SURVEY available to SAVE buyers money!
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #w7862964
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.