25 Bahia Crse, Ocala, FL 34472
4 beds · 2 baths · 2,319 sqft sqft
"Price Improvement!" ***ASSUMABLE MORTGAGE AT 3.25 INTEREST RATE FOR QUALIFIED BUYER*** I'm gorgeous inside! Newly built 2022! Stunning 4-Bedroom, 2-Bath Smart home with 2319sqft, sitting on a huge corner lot in the exclusive Gated Golf Community of Lake Diamond. Located within the Lake Diamond Golf and Country Club, homeowners can enjoy golfing with neighbors and friends! Upon entering the home, you are first greeted by tile floors that flow seamlessly throughout the main living areas of this truly exceptional residence. Featuring a highly sought-after split open floor plan, that offers both privacy and flow for modern living. The sellers have spared no expense with upgraded lighting/ceiling fans, bath fixtures, and vinyl fencing for the expansive backyard. Create memorable meals in this gourmet kitchen, a chef's delight, equipped with Whirlpool stainless-steel appliances, granite countertops, tile backsplash, kitchen island, wooden cabinetry and a large pantry. The spacious Primary Suite boasts picturesque backyard views and a massive walk-in closet. Including a luxurious en-suite bathroom with a waterfall showerhead, upgraded glass shower doors and faucets, his-and-hers sinks, and a private water closet. Additionally, there are plenty of oversized closets throughout the home for all your storage needs. Outside, the ENORMOUS FENCED-IN YARD, surrounded by gorgeous pine trees offers the peace and tranquility you have been searching for. Plenty of room for a pool, firepit, gardening, and so much more. And don't worry about those rising energy costs, or potential power outages. This home comes equipped with Solar panels already installed with a fixed payment and battery backup to power your home for up to 60 days should you ever lose power. Florida living at its finest! Conveniently located near schools, parks, refreshing springs, and shopping. This home provides easy access to everyday amenities while maintaining a sense of tranquility. Don't miss out on this charming home in the perfect suburban atmosphere you've been looking for!
Source: STELLAR #o6238853
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6238853
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: #o6238853
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.