7193 SW 64TH STREET RD, Ocala, FL 34474
Welcome to this modern Currant model nestled in the sought-after Roan Hills neighborhood of Calesa Township. This meticulously maintained home offers 1,879 square feet of living space, featuring a thoughtful layout and luxurious upgrades throughout. Upon entering, you're greeted by bedrooms 2 and 3, each equipped with plush carpeting, blinds, and ample closet space. The second bath boasts a large single sink set in quartz, complemented by a tub/shower combination. The kitchen is a chef's delight with its sleek dark cabinets, granite countertops, and stainless steel appliances. The adjoining living and dining area provides a cozy retreat with soft carpeting and adjustable blinds, perfect for relaxing or entertaining guests. The master bedroom is a serene oasis complete with a spacious walk-in closet, plush carpeting, and an elegant tray ceiling with custom blinds. The master bath exudes sophistication with dual sinks set in quartz, a linen closet for added storage, and a stunning walk-in shower enclosed by glass doors and adorned with tasteful tile finishes. Step outside to enjoy the Florida sunshine in the comfort of your screen-enclosed lanai, ideal for alfresco dining or simply unwinding after a long day. Additional highlights include a convenient two-car garage and the added benefit of a water softener system. Don't miss your chance to own this impeccable home in Roan Hills.
You may be able to put down less than the total down payment amount of $167,435 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: #om682421
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.