Welcome to this beautifully maintained 2018 home located in the sought after neighborhood of Woodfield Crossing, just minutes from downtown Ocala where you'll enjoy convenient access to shopping, dining, and entertainment. Offering over 2,200 square feet of thoughtfully designed living space, this 3-bedroom, 2.5-bath home combines comfort, style, and functionality in a wonderful community complete with sidewalks and a park area perfect for families, dog walks, and evening bike rides. Inside, you'll love the open floor plan and warm, inviting feel created by the bamboo flooring and thoughtful details throughout. Large barn doors provide privacy between the living areas and bedrooms, while a charming mudroom off the covered entry adds both character and convenience. The gorgeous chefs kitchen is truly the heart of the home-featuring granite countertops, stainless steel appliances including a gas range, an oversized island for gatherings, an abundant amount of counter space, plus a walk-in pantry! The generously sized primary suite offers a relaxing retreat with a beautiful ensuite bath featuring a double vanity, a large tiled walk-in shower, and an impressive walk-in closet. The inside laundry room is equally practical, offering tiled floors, extensive cabinet storage, and newer washer and dryer that will convey with the home. Outdoor living is just as impressive as the interior. The heated saltwater pool can be enjoyed year-round and features a relaxing sun shelf, perfect for soaking up the Florida sunshine. Spend your mornings with coffee on the covered lanai or unwind in the evenings surrounded by brick pavers and lush landscaping. A convenient half bath with direct access from the pool area makes entertaining effortless.. Additional highlights include a 240 charge port under the portico and an oversized garage equipped with air conditioning with plenty of room for vehicles, boats or all those holiday decorations! Plus it also has a generous amount of attic storage above. Major updates provide peace of mind, including a new HVAC system in 2023, water heater 2026, and new pool pump 2026. Beautifully appointed inside and out, and situated in a premier location, this exceptional home offers the perfect blend of modern touches, thoughtful upgrades, and a welcoming community atmosphere. This is one you'll want to see in person.
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.
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.
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.
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.
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 “Save search” 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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
