65 Pecan Loop, Ocala, FL 34472
3 beds · 2 baths · 2,561 sqft
NO HOA OR AGE RESTRICTIONS!! Discover the perfect & biggest house for sale in the entire neighborhood!!! Perfect blend of elegance and functionality in this stunning 3-bedroom, 2-bathroom home, meticulously maintained and thoughtfully designed. Built in 2000, this spacious residence boasts both a formal living room and a regular living room, a formal dining room and a regular dining room, along with a bonus office room to cater to all your lifestyle needs. Situated on an oversized private cul-de-sac lot spanning 0.39 acres with plenty of room for a pool, this property features a chain link fence for added privacy and a convenient shed for extra storage. Recent upgrades include a brand new roof installed in 2023, and a new water heater element in 2023 ensuring peace of mind for years to come. The kitchen is a chef’s delight, complete with granite countertops and stainless steel appliances. An 8-zone sprinkler irrigation system keeps the lush landscape vibrant, while the laundry room, equipped with a sink and extra cabinetry, adds a touch of convenience. The bathrooms are designed with luxury in mind, offering his and her sinks and walk-in showers. With wheelchair accessible hallways and custom pull-down privacy blinds throughout, this home is as practical as it is beautiful. Located just minutes away from Maricamp Road, downtown square, you’ll have easy access to shopping, gas stations, eateries, and medical facilities. This home also has an assumable VA mortgage at a 2.75% interest rate for all VA loans. As the largest home in the neighborhood, this one-of-a-kind gem stands out for its size and unique features. Don’t miss the opportunity to make this exceptional property your new home.
Source: STELLAR #om682755
Source: STELLAR #om682755
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: #om682755