36642 Garden Wall Way, Zephyrhills, FL 33541
4 beds · 2 baths · 1,939 sqft
PRICED TO SELL!!! **** SAVE MONEY WITH ASSUMABLE FHA LOAN WITH A FIXED 5.5% RATE **** LIKE NEW, BUILT IN 2023 & MOVE IN READY!!! Gorgeous 4 bedroom, 2 bath, 2 car garage will go quick! Located in highly sought after community of ABBOTT SQUARE! The property is a one-story home in a quiet community with a large private lot. Home features 1,939 sq ft of luxurious living space with a fantastic very popular LENNAR – HARTFORD open floor plan, high ceilings, beautiful tile flooring. This is the perfect place to call home! Enter the home to an open foyer with high ceilings also 3 bedrooms and a full bath at the front of the home. Spacious very open Chef’s kitchen with stunning granite counters, beautiful 42" staggered cabinets with plenty of storage, stainless steel appliances, Island with breakfast bar, nook area, large pantry, lots of recessed lighting. Large master suite with walk in closet. Beautiful master bath with large walk-in shower, dual granite sink vanity. Spacious living room perfect for entertaining, also sliding glass doors opens to a spacious private patio that invites you to sit and enjoy evening sunsets that looks out onto the beautiful yard. Plenty of backyard space to enjoy BBQ’s with family & friends! The low monthly HOA fee includes internet & cable. Community features resort community clubhouse, pool, playground, dog park & private area with two grills for your enjoyment. Also, low HOA fee includes Cable & Internet. This home is a must see & won’t last! Great location, close to all shopping, Wiregrass, Tampa Premium Outlets, restaurants, schools, hospitals, golf courses, Sarah Vande Berg Tennis & fitness center next door & major highways. CALL TODAY FOR A PRIVATE TOUR OF THIS GREAT HOME!
Source: STELLAR #TB8347680
Financials
Source: Public records
Source: STELLAR #TB8347680
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.