4300 NW 56TH CT, Ocala, FL 34482
Price Reduction! Assumable VA Mortgage 2.5%! This beautiful 2 bedroom, 2 bath, 2 car garage + den AFFIRM model is located in the Premier Gated Community Ocala Preserve only minutes away from the World Equestrian Center! This home is absolutely stunning with many upgrades! Upon entry, you are greeted with a tray ceiling in the foyer, followed by upgraded wood style tile flooring and upgraded fixtures. The gourmet kitchen is warm and inviting with upgraded backsplash and white crown molding cabinets, upgraded granite countertops, and stainless steel appliances. The Master Bedroom is breathtaking and is complete with a large en suite with double vanities, walk in closet, premium tile throughout, privacy door and seamless glass shower. The split bedroom plan provides maximum privacy for the owners of the home, as well as guests. The guest bathroom has tub/shower combination and granite counter vanity. Ceiling fans in all bedrooms and living areas. Seller spared no expense in the amount of upgrades during construction! The Smart room doubles as an additional built-in office and laundry room. Additional seller upgrades include sealed tile flooring, vertical window blinds, screened in lanai with ceiling fan and sun-shades, and a paver extension, a great place for outdoor dining or just relaxing with your morning coffee all year round, while looking out to a massive backyard. This luxurious home is ready for you to move in and start enjoying all Ocala Preserve has to offer, such as the Trails, Lakeside Veranda & Boardwalk, Resort Spa and Fitness Facility, Tennis, Pickleball, and Bocce Facilities, Resort & Lap Pool, Restaurant, Clubs/Bar, and much more! Come see for yourself!
You may be able to put down less than the total down payment amount of $124,993 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #om671835