3414 SE 139th Ln, Summerfield, FL 34491
3 beds · 2 baths · 1,286 sqft
One or more photo(s) has been virtually staged. Welcome to 3414 SE 139th Lane, a charming and well-maintained home located in the peaceful community of Summerfield, FL. Constructed in 2021, this inviting property features a bright, open living space perfect for relaxation and entertaining, with large windows that let in plenty of natural light. The modern kitchen is equipped with updated Frigidaire appliances, ample counter space, and storage, ideal for both everyday cooking and hosting gatherings. There is a breakfast nook overlooking the wooden fenced back yard. The living room is open and spacious. Ceramic tile is throughout the home besides the bedrooms which have carpet. The 3 comfortable bedrooms provide a restful retreat, with the master suite offering a private en-suite bathroom. The second bathroom has a unique vanity mirror. Each bathroom has matching tiles on the floor and walls. The laundry room has it own space next to the garage featuring the water heater and a washer/dryer duo. Outside, the spacious backyard is perfect for enjoying Florida’s beautiful weather, gardening, or future outdoor projects like adding a pool or extended patio. Additional features added to this home include a Water softener system, gutters, wood fence, and a security system. Located in a quiet neighborhood, this home is close to local shops, dining, parks, and schools, and just a short drive from Ocala and The Villages for additional entertainment and shopping. Less than 30 minutes minutes from the Ocala World Equestrian Center. Move-in ready and perfect for a variety of buyers, this Summerfield gem offers a wonderful opportunity to enjoy comfort, convenience, and tranquility. Schedule your showing today!
Source: STELLAR #o6249808
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6249808
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: #o6249808
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.