10102 SW 77th Ter, Ocala, FL 34476
3 beds · 2 baths · 2,136 sqft sqft
Welcome to your dream home! Nestled in the heart of Ocala’s sought-after community, this beautifully maintained 3-bedroom, 2-bathroom residence offers 2,136 sq ft of comfortable living space on a spacious 0.45-acre lot. Boasting a desirable split floor plan, the home features a bright and airy living area with vaulted ceilings, perfect for entertaining guests or enjoying cozy family time. The kitchen is equipped with modern appliances, ample cabinetry, and a convenient breakfast bar that flows seamlessly into the dining area. The large master suite offers privacy, complete with a walk-in closet and a well-appointed en-suite bathroom with dual vanities and a walk-in shower. Two additional bedrooms share a full bath, providing plenty of space for family or visitors.Step outside to enjoy the expansive backyard, perfect for gardening, outdoor activities, or simply relaxing on the patio. This home offers a tranquil retreat while being conveniently located close to schools, shopping, dining, and the many amenities that Ocala has to give. With easy access to I-75 and just a short drive from the beautiful natural springs and parks of Marion County, this home combines peaceful living with modern convenience. Don’t miss the opportunity to make this your home. The Seller agrees to provide a concession of $5,000 to the Buyer, to be applied towards closing costs, prepaid expenses, or any other applicable expense as per lender guidelines. This concession is contingent upon successful completion of all contract terms and conditions, including closing of the sale. The concession will be credited to the Buyer at closing and applied as per the lender's requirements or as mutually agreed upon by both parties.
Source: STELLAR #o6247700
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6247700
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: #o6247700
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.