6791 SW 153RD PLACE RD, Ocala, FL 34473
Don't miss out on this beautiful and almost new home ready for immediate move-in!!! Located in the Marion Oaks community, a few miles South of SR 200 in Southwest Ocala, this home offers a location with a unique country setting yet minutes away from I-75 and The Villages for an easy commute. This light and bright home offers 3 bedrooms and 2 baths in an open and spacious floor plan with high ceilings and easy-to-maintain tile plank and laminate flooring throughout. The nicely equipped kitchen wows with its bar-height seating perfect for casual dining, a stainless appliance package, granite countertops, a barn door pantry for storage needs, and a dining area with sliders to outdoors. The owner's suite offers a spacious walk-in closet and an ensuite bath with a tile-lined shower and a granite-topped vanity. This home also offers a large vinyl privacy fenced backyard offering plenty of space for outdoor gatherings or a pool. The Marion Oaks community offers a community center, playground, tennis courts, workout facility, library, grocery & other local businesses with no HOA fees. As a bonus, this home is conveniently located a short distance from the Rainbow River for tubing, kayaking, and boating and only 30 minutes from the World Equestrian Center.
You may be able to put down less than the total down payment amount of $22,549 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: #om684846