Welcome to the quaint and quiet gated community of Windsor Place at River Ridge, where comfort, efficiency, and peaceful surroundings come together. This well-designed 3-bedroom, 2-bath, 2-car garage home offers over 1,800 square feet of living space and is thoughtfully built with safety and energy efficiency in mind — all with no rear neighbors and tranquil conservation views. Major updates provide peace of mind, including a brand-new roof, brand-new water heater, AC just two years old, brand-new vinyl fence, and a full irrigation system. As you arrive, you’re welcomed by an enclosed screened front porch, perfect for morning coffee or evening relaxation. Step inside to an inviting living and dining area that sets the tone for the home’s open and functional layout. To the left of the entry are two secondary bedrooms with a shared full bathroom featuring a tub/shower combination, ideal for family, guests, or a home office. The heart of the home is the spacious kitchen, featuring stainless steel appliances, abundant cabinetry, generous pantry space, breakfast bar, and a cozy breakfast nook — offering excellent flexibility for both casual meals and entertaining. The layout flows seamlessly back into the main living areas, creating multiple options for formal or relaxed gatherings. Privately located at the rear of the home, the primary suite serves as a peaceful retreat and includes an en-suite bathroom with dual sinks, a garden tub, separate shower, private toilet area, and a walk-in closet. Residents of Windsor Place enjoy access to a community pool, NO CDD fees, and a low HOA that includes garbage service, gated security, and pool maintenance. Ideally located near SR 54 and US 19, this home offers easy access to schools, shopping, golf courses, PHSC, Trinity Medical Center, dining, and entertainment. Outdoor enthusiasts will appreciate proximity to Starkey Park and Starkey Wilderness Preserve, featuring biking and hiking trails, camping, wildlife sightings, equestrian-friendly areas, picnic spots, and playgrounds. Downtown New Port Richey is just 15 minutes away, with convenient access to the Veterans Expressway (20 minutes) and Tampa International Airport (approximately 45 minutes). This move-in-ready home combines modern updates, a functional layout, and a prime location — delivering Florida living at its best. *Seller's have a 2.5% VA assumable loan!*
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.
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.
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.
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.
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 “Save search” 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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
