This exceptional pool home offers the perfect combination of space, and flexibility — all on just over a half acre beautiful lot with NO HOA and NO CDD fees. Filled with natural light and designed for comfortable living, this spacious home features 4 bedrooms, 3 bathrooms, a dedicated office, multiple living areas, and abundant storage throughout. Whether you're looking for room to grow, work from home, accommodate extended family, or simply spread out and enjoy life, this home delivers. A thoughtfully designed addition includes a bedroom and bathroom with separate exterior entrances, creating an ideal setup for multigenerational living, guests, a private home office, or endless possibilities to fit your lifestyle. Step outside and discover your own private Florida oasis. The oversized screened pool, covered lanai, mature oak trees, fenced backyard, storage shed, and custom treehouse create the perfect backdrop for weekend gatherings, pool parties, family fun, or simply relaxing after a long day. With over half an acre of property, there is plenty of room for pets, gardening, recreational vehicles, outdoor toys, and all your favorite hobbies. Buy with confidence knowing the home features a newer roof installed in 2024, offering added peace of mind, potential insurance benefits, and protection for years to come. The air conditioning and windows were replaced in 2022. Also note that there is a water filtration system in the kitchen. The swing set will convey with the property and is staying. Tucked away on a quiet cul-de-sac, you'll enjoy a peaceful setting while remaining conveniently close to parks, golf courses, shopping, dining, entertainment, and outdoor recreation. Plus, you're just a short drive from all the conveniences and amenities of both Zephyrhills and Wesley Chapel. Properties offering this much space, flexibility, privacy, storage, and outdoor enjoyment are becoming increasingly difficult to find. If you've been searching for a home where you can truly live, entertain, and create lasting memories, 38929 Tall Drive is a rare opportunity you won't want to miss. Schedule your private showing today!
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
