12803 SW 73rd Ter, Ocala, FL 34473
4 beds · 2 baths · 1,451 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this stunning, newly constructed 4-bedroom, 2-bathroom home located in the desirable community of Marion Oaks, Florida. Situated on a generously sized corner lot, this property offers a perfect blend of modern design, functional living space, and prime location. Whether you're a growing family, a first-time homebuyer, or looking for a contemporary upgrade, this home is sure to exceed your expectations. Step inside to discover a thoughtfully designed open floor plan, perfect for both everyday living and entertaining. The spacious living room features ample natural light streaming through energy-efficient windows, creating a warm and inviting atmosphere. The modern kitchen is a chef’s dream, sleek granite countertops, a large center island, and plenty of cabinet space for storage. The master suite is a true retreat, complete with a walk-in closet and a luxurious en-suite bathroom featuring dual vanities and a beautifully tiled walk-in shower. Three additional bedrooms include versatility and can be used as guest rooms, home offices, or play areas. The second bathroom is conveniently located and features contemporary finishes, ensuring comfort and style for all occupants. This home is situated on a spacious corner lot, providing added privacy and curb appeal. The exterior features a modern facade with elegant architectural details and durable construction materials designed to withstand Florida’s climate. The large yard offers endless possibilities, whether you envision a lush garden, a playground, or even a future pool. Located in the heart of Marion Oaks, this home offers a quiet and family-friendly environment with no HOA fees. Enjoy the convenience of nearby amenities, including parks, walking trails, shopping centers, schools, and restaurants. The property also provides easy access to major highways, making commutes to Ocala, The Villages, and other surrounding areas a breeze. This new construction home offers the perfect combination of modern living, thoughtful design, and a prime location. Don’t miss the opportunity to make this corner-lot gem your forever home! Contact us today to schedule a private tour.
Source: STELLAR #OM690872
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #OM690872
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.