5620 Boone Ct, New Port Richey, FL 34652
3 beds · 2 baths · 1,694 sqft sqft
One or more photo(s) has been virtually staged. You must see this beautiful, move-in ready home POOL home in the waterfront community of Gulf Harbors Woodlands! Located on a quiet cul-de-sac, this home offers tranquility, perfect for those who are seeking a coastal lifestyle with peace & privacy. This open concept, split floor plan home offers 3 Bedrooms, 2 bathrooms, 2 car garage with a light & bright OPEN space. Enjoy the spaciousness the vaulted ceilings and open floor plan provide, creating the feeling of a home larger than 1694 sq ft. The home also includes a formal living room, as well as, a family room with a cozy wood burning fireplace and built in shelving. It is an ENTERTAINERS DREAM! Ideal for entertaining, with seamless indoor-outdoor flow and plenty of space for gatherings. Step outside to an expansive outdoor covered and screened-in lanai, beautiful pool and built in bar...the entertaining options are endless! Nestled in the Gulf Harbors Woodlands community, this home enjoys a prime location with access to the Gulf of Mexico. The community boat ramp makes boating a breeze, while the community pool, spa, tennis courts, and clubhouse provide endless option for the active "resort" style lifestyle. Private Gulf Harbor beach club memberships are available for just $200 per year, granting you exclusive access to the beautfiul beach, covered picnic areas and grills. Additionally, the Gulf Harbors Yacht Club is conveniently located within the Gulf Harbors community keeping your social calendar full of fun events should you choose to join. With it’s amenities and location, this is more than just a house, it's a lifestyle! Book your private showing today!
Source: STELLAR #u8253742
You may be able to put down less than the total down payment amount of $211,036 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #u8253742
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: #u8253742
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.