35942 Saddle Palm Way, Zephyrhills, FL 33541
5 beds · 4 baths · 3,354 sqft
Relish the Florida lifestyle in this stunning pool home and incredible outdoor kitchen. The 3,354 square feet provides space for everyone, with five bedrooms, four baths, loft, flex room and a three-car garage, finished with epoxy flooring and two car EV charging station. The kitchen features an oversized pantry and 36-inch nutmeg cabinetry, with the open floor plan opening up to the large living area with an electric fireplace and informal dining room. The formal dining and flex space, and a first-floor bedroom and full bath complete the first floor. On the second floor, there is the primary suite boasting a huge walk-in closet and spacious bath with separate vanities and a secondary suite complete with en-suite bath and walk-in closet, and two more bedrooms and full baths. The huge loft will quickly become your favorite area whether you are enjoying movie nights, workouts or reading in relaxation. The showstopper is the stunning pool and outdoor kitchen. Through the sliding glass doors, the sound of the fountain welcomes you to the tropical oasis. The expansive French pattern travertine deck provides various shaded seating options, including watching the Sunday games poolside. The Pebble Tec finish pool contains two conversational benches and lighting. The outdoor kitchen is composed of a propane grill, drawers, mini refrigerator and space for a Green Egg or Kamado. The outdoor island contains a custom cut propane Fire Table for intimate gatherings. The full-screen enclosure keeps the bugs away and the zoned drip system reduces the maintenance. Silverado Ranch offers great amenities including high-speed internet, cable, a resort-style pool, Florida-style clubhouse, dog park and playground.
Source: STELLAR #tb8327836
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8327836
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.
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: #tb8327836
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.