3991 SE 19th Ave, Ocala, FL 34480
3 beds · 2 baths · 1,302 sqft
Welcome to 3991 SE 19th Avenue, Ocala, Florida - where affordable living meets the chance to create your perfect home! Don't miss this Unique Opportunity to assume Seller's loan at a LOW interest rate for Qualified Buyers. This charming residence offers an exceptional opportunity to embrace affordability without compromising on your vision for comfortable living. With 3 bedrooms and 2 bathrooms, it provides the perfect canvas for crafting your ideal space. Step inside to discover a cozy interior flooded with natural light, creating a welcoming atmosphere for you and your loved ones. The open layout seamlessly connects the living, dining, and kitchen areas, inviting you to envision countless possibilities for entertaining and daily enjoyment. In the kitchen, you'll find the perfect balance of practicality and potential. Equipped with essential appliances and ample storage, it offers a functional space to unleash your culinary creativity while staying within budget. Relax and unwind in the comfortable bedrooms, each offering a peaceful retreat at the end of the day. The master bedroom awaits with its own private bath, providing a personal sanctuary for rest and rejuvenation. Outside, the spacious backyard presents an opportunity to transform your outdoor space into a haven for relaxation and recreation. Whether you dream of a lush garden oasis or a cozy patio retreat, this is your chance to make it your own. Also, Roof is New! Conveniently located near The Drive-in Movie theater, schools, shops, and amenities, this home offers affordability without compromise. Don't miss out on the chance to turn 3991 SE 19th Avenue into your perfect home - schedule a showing today and start imagining the possibilities!
Source: STELLAR #om677821
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #om677821
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: #om677821
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.