2819 NE 25th St, Ocala, FL 34470
3 beds · 2 baths · 1,848 sqft
Move-in Ready and nicely updated home! This beautiful NE Ocala POOL Home 3/2/2+Office, located in Raven Glen is sure to please! NO HOA! AND a beautiful neighborhood with pride of ownership everywhere! Many recent upgrades including granite counters. Kitchen includes newer stainless appliances with both under & over cabinet lighting, pantry, breakfast bar, and a large eat-in dinning area. Spacious work from home Office, OR Formal Dinning room, OR use this flexible space as the family game room. Even the Roof is 2020 and a meticulously maintained Ruud 4.0 Ton HVAC! Open floor plan with soaring ceilings, and a TRIPLE sliding door that lets the light in with a gorgeous view of many mature flowering trees and bushes. Built-in livingroom speakers. Spacious Master Bedroom w/ tray ceiling includes a very large bathroom w/separate shower, garden tub, double sinks, and walk-in closet. Enjoy beautiful Florida weather by the brand new saltwater, pebble finish pool with huge travertine deck. 2 car garage includes attic access with built-in ladder and plenty of floored space for storage. Just a few minutes south to arrive at Ocala’s growing downtown square with superb local restaurants and retails shops. For outdoor enthusiasts, only a short drive east to Silver Springs and the Ocala National Forest to enjoy great hiking trails, 4 wheeling, fishing and more. Enjoy a day swimming at the many natural springs, or take a 90 minute drive to world famous Daytona Beach! A short drive west of Ocala and you are in horse country! Rolling hills and countryside covered with sprawling horse farms everywhere, and of course the wonderful addition of world class Ocala Equestrian Center! Head south and arrive at the biking trails of Santos Trailhead or take the 30 minute drive to The Villages, FL for more shopping, dining, and activities! Great local hospitals, and an easy 45 minute commute North on Hwy 441 to Gainesville and the University of Florida/Shands Hospital. So much to see and do in Ocala and the surrounding areas!
Source: STELLAR #tb8327476
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8327476
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: #tb8327476
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.