4209 Stratfield Dr New Port Richey, FL 34652
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About this home
Assumable mortgage at 3.75%, low down payment! This cozy, bright, and quiet home is move-in ready and offers an exceptional lifestyle in an established neighborhood just minutes from the Gulf, downtown New Port Richey, and Tarpon Springs Sponge Docks. The updated eat-in kitchen features granite countertops, stainless steel appliances, and plenty of cabinet space. Spacious bedrooms with large walk-in closets easily fit king-sized beds, and the thoughtful layout places bedrooms away from living areas for privacy. Enjoy Florida living with a huge screened-in back patio with privacy fencing, café lights, a built-in fan, and space for dining, lounging, and barbecuing. Access the patio from both the kitchen and living room and enjoy views of the fully fenced backyard, complete with a dog run, landscaped flower beds, and a backyard fire ring. The front patio is perfect for morning coffee or evening relaxation. Recent updates include a new drainage system, reglazed hall bathtub, storm doors, gutter filters, new water heater, landscaped flower beds, and a transferrable home warranty through June 2026. This home offers abundant storage, including walk-in closets, a kitchen pantry, and an oversized garage. Situated higher than much of coastal New Port Richey, the property offers peace of mind during storm season and is surrounded by wildlife and wetlands. With easy access to beaches, dining, and community amenities, this home blends comfort, charm, and convenience.
Source: STELLAR #TB8435099
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FAQs
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.