5350 Mohawk St, Zephyrhills, FL 33542
2 beds · 2 baths · 1,080 sqft
Get a free consultation call with an expert in the mortgage assumption process.
If you're looking for a winter get-away in sunny Florida, come to Betmar Acres 55+ community where you OWN your land with a low YEARLY fee of $435.00. Come see this lovely 2 bed 2 bath home with a new METAL roof(25), new double pain windows, new skirting all the way around and the A/C is a 2018 with all new duct work and is still under warranty. Enter into the kitchen which has lots of counter space and storage. Dining/living room is located in the front of the home with lots of windows which makes the home bright and airy. A nice size bonus room off the living room which is heated and cooled. Both bedrooms are in the back of the home with walk in closets. Laundry is in the shed at the end of the Florida room which has all new screens and double doors. The front has 5 beautiful palm trees and is nicely landscaped. Come see this one before its too late!! Come make Betmar your new home with lots of amenities to chose from: Walking trails over bridges and ponds, 2 swimming pools, 2 hot tub, tennis, pickle ball, basketball, bocce, 27 holes of golf, shuffleboard, mini golf, billiards, game rooms, library, clubhouses, planned activities, Bingo and fun events
Source: STELLAR #TB8362599
Source: STELLAR #TB8362599
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.
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.
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 620, 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 and Equal Opportunity Act.