? Rare SE Ocala layout featuring TWO spacious primary suites with private en-suite baths — ideal for multi-generational living or hosting guests comfortably. PLUS, the seller is offering $5,000 in buyer credits! ? Beautifully updated 3-bedroom, 2.5-bath home offering 2,662 sq ft of thoughtfully designed living space on a 3,780 sq ft lot. Every detail has been carefully upgraded, creating a home that blends timeless charm with modern comfort. Conveniently located in a prime SE Ocala community, just minutes from shopping, dining, and medical facilities — everyday living is truly a breeze. Inside, you’ll find gorgeous wood flooring throughout, complemented by decorative tile in the bathrooms. Plantation shutters on all windows add both elegance and privacy. The completely renovated kitchen is a showstopper, featuring quartz countertops, real wood cabinetry, a farmhouse sink, induction stove, and two skylights that fill the space with natural light. The spacious utility room is equally impressive with whitewashed brick flooring, butcher block countertops, a large farmhouse sink, and extensive real wood cabinetry — offering exceptional storage and workspace. The living room showcases coffered ceilings and a cozy wood-burning fireplace (TV included), while the dining room beams add warmth and architectural character. Step out to the lanai where an additional TV and movie projector screen create the perfect setting for relaxing evenings or entertaining under the Florida sky. This home offers two beautifully renovated primary suites, each with en-suite baths featuring quartz countertops and updated finishes. The third bedroom is generously sized and includes a large bonus area — perfect for a sitting room, office, or creative space — along with a convenient half bath. Major updates for peace of mind: ?? New Roof (2022) ?? New A/C (2025) with full duct cleaning ?? Gutters with screen filters ?? Security lighting along side and rear The HOA provides exceptional value, covering: • Pest control • Roof repair or replacement • Exterior painting • Lawn care and landscaping • Community amenities This home is truly move-in ready and offers high-end finishes, generous space, and low-maintenance living — all in one beautifully maintained package.
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.
