5727 NW 25th Loop, Ocala, FL 34482
2 beds · 2 baths · 1,684 sqft
MOVE-IN READY, FULLY REMODELED IMMACULATE 2/2 WITH A FLEX, SOLAR-HEATED POOL HOME ON THE 13TH FAIRWAY OF THE OCALA PALMS GOLF COURSE! First, the immaculately kept yard and landscaping give this home great curb appeal. Walking into the home and stepping into the foyer, the view expands directly through and out towards the golf course - very nice! Besides having Luxury Vinyl Plank throughout the home, a nicely appointed office with French Doors and large showcase windows, and beautifully remodeled bathrooms, the foodies/chefs/coffee lovers in search of that perfect home will be very pleased with the kitchen! This fully remodeled kitchen has a gorgeous island with leather granite countertops, solid maple cabinets with soft close drawers, a KEURIG COFFEE MAKER BUILT INTO THE REFRIGERATOR, a MINI-BAR, a large deep sink, and a direct view out to the pool and golf course from the large bay windows. The primary bedroom is spacious with two large walk-in closets and an ensuite bathroom with a very comfortable walk-in shower. The secondary suite can be left open or closed off and used as a private space, as the pocket door separates the second bedroom and bathroom from the main living area as needed. Last, but certainly not least, the expansive enclosed tiled lanai and screened-in pool area is exactly where you want to be while relaxing, reflecting, spending time entertaining friends or loved ones any time of the day, after you've played a few rounds of golf, enjoyed the community amenities, or surrounding attractions. If you are not familiar with Ocala Palms, it is very centrally located, just five minutes to shopping, groceries and most amenities, and less than ten minutes to I-75, the attractions and amenities at the World Equestrian Center, and the Historic Downtown Ocala District with lots of great restaurants and entertainment. Don't miss out on this wonderful opportunity to own this gorgeous, move-in ready, pool/golf-front home in Ocala! Call today to set an appointment!
Source: STELLAR #om683319
Source: STELLAR #om683319
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%. 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.
Other resourcesWhat 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.
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