5421 Mohawk St, Zephyrhills, FL 33542
2 beds · 3 baths · 1,344 sqft
Welcome to Betmar Acres, active 55+ golf community where you OWN the land for a low annual community fee of $423. This beautifully updated 2BR/2BA home in the desirable PET AREA is a MUST see! The Sellers have taken a simple double wide manufactured home and transformed it into a gorgeous seasonal retreat or forever home. The large corner lot and double driveway will entice you to come inside and see the many updates that makes this so inviting. You enter via the bright, sunny Florida room with custom carpet, ceiling fan and big double pane windows. A set of French doors allows you to enter the custom kitchen. Granite countertops, easy close cabinets with pull outs, closet pantry, newer appliances, and breakfast bar/center island. A unique feature to this kitchen is the pull-out coffee bar carefully concealed behing cupboard doors. It's there when you want it and out of the way when you don't. This home is made for entertaining. Great open space between the kitchen, family room complete with a wet bar for game day, dining room and living room. The owner's suite is large enough for a king size bed and has a ceiling fan and ensuite bathroom with dual sinks, step-in shower and built-in closet. Bedroom two is equally spacious with ceiling fan, built-in closet and easy access to the guest bathroom. The guest bathroom has been nicely updated with new step-in shower, vanity and make-up area and also has linen storage. The laundry room is conveniently located inside the home and has a large double closet and single closet for storage. Attached to the home is 13x17 workshop which would be any handyman's dream. Just off the workshop is additional storage and a half bath. On the other side of the home is a 10x22 golf cart garage with two roll up doors and more storage space. In addition to all the great custom features in the home are double pane windows all around, luxury vinyl plank throughout almost all of the home, and a new AC installed in 2024. Don't forget it's near the 27 holes of golf, 2 swimming pools and 2 hot tubs along with 3 clubhouses, a library, walking paths, game rooms (Billiards, Table Tennis, Board Games) miniature golf, enclosed shuffleboard courts, tennis courts, pickle-ball courts, basketball court, Bocce courts, and Bingo. * Schedule your appointment today.
Source: STELLAR #tb8323766
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8323766
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: #tb8323766
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.