13423 SW 48th Ave, Ocala, FL 34473
4 beds · 3 baths · 2,081 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Step into style and comfort with this beautifully maintained 4 bedroom, 3 bathroom concrete block home offering 2,081 square feet of living space, built in 2022! Located in a prime Ocala location with quick access to I-75 and the Florida Turnpike, this home offers many upgrades and convenience without the burden of an HOA or CDD fees. As you walk in, you are greeted by an open concept living space, filled with natural light and high ceilings. The spacious kitchen flows effortlessly into the living and dining area. Upgrades in the home include: stainless-steel Samsung appliances, including washer and dryer. Beautiful wood cabinetry with soft closing feature. Water softener and water purification system added in 2023. Scratch and water resistant LVP flooring in common areas and master bedroom. Home is also equipped with a smart home package, offering modern automation for enhanced security and energy efficiency. The owner's suite is a true retreat, boasting with tray ceilings, walk-in closets, a luxurious en-suite with dual sink vanity and designer tile, glass enclosed shower offering a spa like touch! Spare bathrooms also offer upgraded tiled bathtubs, a dual sink vanity in one bathroom and an additional en-suite bedroom perfect for visitors or multi-generational living. Enjoy the outdoors on the screened-in back patio that overlooks a completely fenced in yard, complete in 2024. Home is equipped with an irrigation system, rain gutters, motion lights and wired for a security system and cameras. This home is full of modern upgrades, unbeatable location and stylish features throughout- schedule your private showing today and fall in love with this move-in ready home!
Source: STELLAR #OM699653
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 #OM699653
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 of Equal Opportunity Act.