38041 Salem Ave, Zephyrhills, FL 33541
3 beds · 2 baths · 1,934 sqft
Welcome to this CHARMING 3 bedroom/2 bath home in the peaceful Oak Ridge Heights neighborhood! This home has everything you need to call Zephyrhills HOME! *NO HOA* *NO CDD* From the moment you arrive you'll be AMAZED by the EXCEPTIONALLY MAINTAINED front yard. As you step inside, you’ll be CAPTIVATED by the COZY and INVITING ATMOSPHERE throughout the home. As you enter the home you'll be greeted by one of the home's HIGHLIGHTS- A SPACIOUS BONUS ROOM/FLEX SPACE ready to be used as a man cave, play room, office space, family room, etc! As you continue through the house you'll APPRECIATE the GREAT ROOM that features a WONDERFUL WHITE BRICK FIREPLACE and DOUBLE FRENCH DOORS! At the home's center is the kitchen that includes ALL STAINLESS STEEL APPLIANCES. Next to the kitchen you'll LOVE the dining room- IDEAL for family meals or hosting! The MASTER SUITE boasts an EN-SUITE BATHROOM for ultimate CONVENIENCE and PRIVACY. Through the double french doors in the living room is where TRUE RELAXATION AWAITS- a HUGE SCREENED IN BACK PORCH that you'll ABSOLUTELY LOVE! This SPACIOUS area is ready to be used to unwind and take in the COUNTRY LIFESTYLE you've been craving! In the FULLY FENCED in BACKYARD there is an ABOVE GROUND POOL that's PERFECT for those hot summer days and nights! In the backyard there's also a shed GREAT for STORING all yard equipment. The home's HUGE laundry room BOASTS TONS of STORAGE in the cabinets above AND below the GRANITE countertops! It also includes the WASHER AND DRYER. Bring your boats, rvs, campers, or anything else you own! NO HOA, NO CDD, and NO FLOOD ZONE. This neighborhood is IDEALLY LOCATED in the Oak Ridge Heights subdivision and is SITUATED in close PROXIMITY to US-301 and St. Rd. 56, Pasco Recreational Parks, RV Resorts, Golf Clubs, Hospitals, Shopping, Restaurants and anything else that you'll need. It also takes minutes to get to Tampa! Don't let this EXTRAORDINARY home pass you by!
Source: STELLAR #t3551921
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3551921
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: #t3551921
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.