9879 SW 55th Avenue Rd, Ocala, FL 34476
3 beds · 2 baths · 1,863 sqft
Welcome to your dream home, where comfort meets affordability! This like-new 2017 build features, 3-bedrooms with a den option that would make a great home office or potential space for guests, and 2-bathrooms - it offers all the modern amenities you desire without the hefty price tag! Experience the warmth and connection of an open concept floor plan kitchen/living combo. This inviting space seamlessly blends the heart of your home with the comfort of your living area, creating a perfect setting for both everyday moments and special gatherings. This primary bedroom features elegant tray ceilings that add a touch of sophistication and spaciousness to your personal haven. Enjoy the convenience of dual closets, offering ample storage and organization for all your wardrobe needs, and the primary bath boasts dual vanities that provide both functionality and luxury. Here, every detail is crafted to enhance your comfort and style. Imagine relaxing by your very own sparkling pool, perfect for those warm summer days. Nestled in a friendly neighborhood, this home provides the perfect blend of style and convenience! The Villages and World Equestrian Center are just a short drive away. This gated community offers a low HOA fee, making it an ideal choice for those seeking a secure and affordable place to call home! New A/C 2022, 24x12 Salt Water, Solar heated pool with cover and transition color light switch - so you can enjoy a dip all year long! Utility shed conveys in sale! Don't miss out on this fantastic opportunity!
Source: STELLAR #om684847
Source: STELLAR #om684847
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: #om684847