8550 Creedmoor Ln, New Port Richey, FL 34654
5 beds · 4 baths · 3,152 sqft
Act Fast! Impeccable Home in the Desirable Waters Edge gated Community! This amazing community features a large clubhouse, fitness center with free weights, 2 playgrounds, 2 piers overlooking the beautiful lake, basketball courts that also have pickle-ball (on certain days), kiddie pool, lap pool that connects to a beautiful-large resort style pool and plenty of lounge chairs and seating! The community is gated with multiple gated entrances, 24 hour security that patrol the community and your HOA fee even includes your internet and cable (Spectrum basic). This large 5 bedroom, 3.5 bathroom home with 2 bonus rooms (including a loft and flex space) provide plenty of room! This Siesta model was built by Ryland Homes and is situated on a beautiful conservation lot with no rear neighbors and partial pond views. The home has plenty of parking space, including a spacious 3 car garage! Upon entering in you'll notice the tall ceilings followed by the well kept laminate flooring that lead you to the large flex room that can easily be an office/second dining space or more. There is a half bathroom well positioned in the hallway leading to the large and open kitchen! The kitchen has plenty of cabinet space along with a walk in pantry, updated stainless steel appliances and overlooks the dining space & open living room! The kitchen bar top seating provides even more space for guests. The master bedroom is conventionality located on the first floor and is spacious overlooking the backyard and lanai. The master bathroom is very well kept and has dual sinks, plenty of counter and cabinet space with a separate shower and tub. The very large walk in closet keeps going, there is plenty of room in this master closet! The washer and dryer will also be included and are located in the laundry room on the first floor! Heading up stairs you're greeted with the great sized loft for additional entertainment space, that also has plenty of natural lighting from the windows. The additional bedrooms are very well taken care of and have great closet space in each of them. Bedrooms 2-3 feature a full bathroom in between connecting to both rooms! Bedrooms 4-5 also have a full bathroom in the hallways! You'll also notice the huge closet in this hallway for even more storage space. This home has plenty of storage and closet space, 2 ac units and a brand new water heater. Schedule your showing today for this beautiful home in the desirable Waters Edge!
Source: STELLAR #t3551002
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3551002
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 30-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: #t3551002
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