8906 Catalina Dr Port Richey, FL 34668
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About this home
*******************FHA Assumable Loan at 4.875 Interest rate**************************** Live the Florida Dream! Modern Pool Home steps from Lake Lisa Park! Looking for style, comfort, and location? This pool home checks every box. Completely updated in 2022, it’s the perfect blend of modern design and everyday livability. The circular driveway and clean curb appeal set the tone for what’s inside. Step through the front door to a light-filled, open layout with luxury vinyl plank flooring throughout—no carpet here! The kitchen and baths were fully remodeled with fresh finishes that make the whole home feel like new. The primary suite opens directly to the pool through sliding glass doors and features a stylish ensuite bath with walk-in shower for privacy and convenience. Your backyard oasis awaits dip into the sparkling pool, unwind under the lanai, or entertain friends in your fully fenced outdoor space. With no HOA, you’ll have the freedom to truly make it your own. All of this just a short stroll to Lake Lisa Park, Publix, shopping, and local eateries where convenience meets the coastal lifestyle. Whether you’re upsizing, downsizing, or just starting fresh, this home delivers more than you expect and everything you deserve. Roof Age 2021
Source: STELLAR #TB8442618
Loan details
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45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
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If you find a better price on any home, we’ll match it.
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.