2043 NE 43rd Street | 3 Bed | 2 Bath | Bonus Living Space Welcome to your private slice of paradise in Northeast Ocala—where modern updates meet lush, garden-to-table living. This beautifully refreshed 3-bedroom, 2-bath ranch is anything but ordinary. From the moment you arrive, the curb appeal sets the tone—fresh exterior paint, new landscaping, and a charming front-yard pond create a peaceful first impression. Step inside to find a home that’s been thoughtfully upgraded throughout, featuring fresh interior paint, newer carpet, new interior doors, updated ceiling fans, and a vaulted dining room ceiling that adds an airy, open feel. The kitchen is move-in ready with stainless steel appliances, and both bathrooms have been improved with new toilets, plus a new vanity in the guest bath and resurfaced tile in both bathrooms. Major systems? Already handled. Roof (2023) AC (2023) Hot water heater (<1 year old) Septic recently pumped City water + full irrigation system But what truly sets this property apart is what’s waiting out back… Your own private garden sanctuary. This incredible backyard is packed with established fruit and specialty plants including: fig, papaya, 60 banana trees, dragon fruit, orange, peach, lemon, tangerine, goji berry, olive, paper mulberry, and more. There’s also a raised garden bed ready for your next harvest. The backyard offers plenty of space to relax, entertain, and enjoy the outdoors- complete with a charming chicken coop for those ready to embrace a touch of country living and fresh eggs right at home; adding a unique and practical bonus to this already incredible property. Enjoy it all from your epoxy-coated back deck perfect for relaxing evenings or morning coffee. Need space for hobbies, storage, or a workshop? You’ve got it: 24x18 enclosed carport with electricity, wood flooring, and rolling door Two additional powered sheds Outdoor cast iron sink for gardening or projects Garage utility sink with new faucet There’s even more flexibility with approximately 270 additional square feet under central air (wood/stucco construction) not reflected in tax records— live-able space currently being used as dinning room/ homeschool classroom. To top it off, washer and dryer are included, making this home truly move-in ready. If you’ve been looking for a property that offers both comfort and character—with space to grow, create, and unwind—this is it.
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.
