3312 SE 6th St, Ocala, FL 34471
4 beds · 3 baths · 1,931 sqft
This beautiful and spacious home is situated on a corner lot and features 4 bedrooms 2 bathrooms and 1 half bath. Additionally, it includes a generously sized office with built-ins, a desk, and a full-size Murphy bed for accommodating extra guests. The fourth bedroom at the back can be closed off by glass sliding doors. Throughout the house, you'll find tile and laminate flooring, while the kitchen and bathrooms are adorned with elegant granite countertops. The kitchen comes equipped with stainless steel appliances, tall cabinets with lighting, and a stylish backsplash. The large master bathroom boasts a jetted bathtub and a stand-up tiled shower. The mudroom features a freestanding fireplace and a large pantry that separates the formal living area from the family game room. Some additional features of this home include a spacious inside laundry area, plantation shutters, and a tankless water heater. Adding to its charm is a country front porch, perfect for rocking chairs. The property is enclosed with a vinyl privacy fence and boasts a delightful entertainment patio in the back, complete with a stone firepit. Conveniently located close to schools, shopping, parks, and the YMCA, this home is a must-see!
Source: STELLAR #om680712
Source: STELLAR #om680712
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: #om680712
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.