VA loan
1 of 46
VA loan

5026 SW 128th St, Ocala, FL 34473

3 beds · 2 baths · 2,065 sqft

Concierge

Get a free consultation call with an expert in the mortgage assumption process.

Under contract-accepting backup offers. Welcome to this move-in-ready gem in the heart of Marion Oaks—offered fully furnished and brimming with both comfort and versatility. With plenty of curb appeal thanks to a covered front porch accented by brick pavers, the home provides plenty of opportunity for those looking to further customize the landscaping. The thoughtfully designed 3-bedroom, 2-bath single-family residence offers 2,065 square feet of beautifully maintained living space with tall ceilings and a vaulted main living area create an airy, open feel. Designed for both everyday living and entertaining, the home includes a formal dining room and a flexible bonus room—perfect as a home office, creative studio, or den. The kitchen is a standout with stainless steel appliances, vent hood, solid wood cabinetry, tile backsplash, expansive counters, center island with breakfast bar, and a walk-in pantry. The primary suite offers a peaceful retreat with a garden tub, dual sinks, and a generous walk-in closet. Peace of mind comes from a roof that’s just two years old and the added benefit of solar panels in place—helping to keep energy bills more affordable year-round. The covered back porch, also finished with brick pavers, features a ceiling fan and a fully equipped summer kitchen with a grill, sink, and outdoor refrigerator—ideal for weekend barbecues or evening gatherings. A spacious backyard provides even more to enjoy: a brick fire pit for cozy nights, a storage shed for tools or hobbies, and an above-ground pool to cool off on warm Florida days. Additional highlights include an attached two-car garage, a large laundry area, a layout that adapts effortlessly to a variety of lifestyles. Located just minutes from a variety of shopping, dining, and parks, this property is also conveniently close to the Cross Florida Greenway’s extensive trail system for hiking and biking opportunities. Whether you're looking to relax, entertain, or simply spread out, this Marion Oaks gem delivers!

Location
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Loan details
Monthly payment

All values shown are estimated costs / mo.

Total
$1,105
Principal & interest
$618
Mortgage insurance
-
Property taxes
-
Home insurance
-
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
2,065 sqft
Lot size
0.23 acres
Year built
2007
Type
Single Family Residence
HOA dues
$0.00

Source: STELLAR #OM698838

Qualify

To qualify, you must meet the current FHA or VA 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%. 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.

FHA (Federal Housing Administration) loans

FHA loans require the buyer to assume the mortgage as a primary residence.

VA (Veteran's Affairs) loans

You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.

Investors

You may be able to assume a VA mortgage as an investor without it being your primary residence.

Resources
Frequently asked questions

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.

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.

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.

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 “Save search” 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.

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 620, 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.

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Last updated: May 05, 2025 01:30 pm
Listing agent: Roxanne Free (352) 425-4497
Listing provided courtesy of: SHOWCASE PROPERTIES OF CENTRAL (352) 351-4718
Details provided by STELLAR and may not match the public record.
MLS ID: #OM698838
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
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