38877 Opal Willow Ln, Zephyrhills, FL 33540
3 beds · 2 baths · 1,680 sqft
Assumable FHA mortgage 3.875. Welcome to your dream home at 38877 Opal Willow Lane! This beautiful 3-bedroom, 2-bathroom POOL home offers the perfect blend of comfort and functionality. Situated in the desirable and conveniently located community of Bristol Meadows in Zephyrhills. This home was skillfully built by Meritage Homes in 2021. As you enter the home there is a large office space, perfect for working from home, play/game room, or as a creative studio. With tiled flooring throughout, this open floorplan features a kitchen, dining room, and living room combo which is great for entertaining! This spacious gourmet kitchen is perfect for both everyday cooking and hosting family gatherings with its granite counters, 42" solid wood cabinets, oversized island with breakfast bar, stainless steel appliances, and a large pantry with ample storage. For your convenience there is a laundry room inside with a stackable washer & dryer and shelving for storage. This split floorplan has 2 bedrooms which are separated from the primary bedroom and all boast cozy carpeting. The primary bedroom offers a walk-in closet and ensuite primary bathroom with dual sinks, granite countertops, stand alone shower and separate water closet. Step outside to your private backyard oasis which is fully fenced to ensure privacy. The covered lanai is perfect for relaxing by the pool and enjoying the views of this sparkling blue saltwater POOL. There is a pool safety alarm and the pool heater and lights are app-controlled for your convenience. Beautiful brick paver decking has been professionally sealed and this area is completely screened in. This home also has in wall pest tubes. Low HOA fees and NO CDD! Conveniently located to shopping and restaurants with easy access to interstates that will get you to the Tampa International Airport and beaches within 45 minutes to an hour. Don't miss out on this newer home with a pool in a great location!
Source: STELLAR #tb8305798
Source: STELLAR #tb8305798
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: #tb8305798
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.