9674 SW 50TH CT, Ocala, FL 34476
Are you tired of looking at homes that are close together? Well this home is in gated community and provides you with almost a quarter acre lot! This is a rare find in Liberty Triangle! This Home is move-in ready with beautiful upgrades! This home boasts stunning luxury vinyl flooring in the living room, along with modern updates to the fans, lighting, and bathroom faucets. Prime Location! Meadow Glenn is close enough you could walk to the store if you wanted too and it has a very low HOA! The Villages and World Equestrian Center are just a short drive away. Don't miss out on this fantastic opportunity! Schedule your showing today. Esta encantadora casa de 3 dormitorios y 2 baños se encuentra ubicada en la comunidad privada de Meadow Glenn, en el corazón de Ocala. Tiene un patio cercado! La casa está lista para mudarse e incluye pisos de vinilo de lujo en la sala de estar, ventiladores renovados, iluminación única y baños con grifería nueva. El vecindario es tranquilo y está cerca de todo. ¡The Villages y el World Equestrian Center están a 30 minutos! No durará mucho, ¡programa tu visita privada hoy mismo! Para clientes que hablan español, llame al agente de listado #2 LA.
You may be able to put down less than the total down payment amount of $136,281 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: #g5081582