This Semi-Custom Shea Built home offers Superior Build Quality combined with $80k in additional upgrades and premier location across from the golf course on a spacious, association-maintained corner lot in the sought-after 55+ section. Experience resort-style living and minutes from WEC (World Equestrian Center), and downtown Ocala! Step inside to find a warm, inviting interior enhanced by wood-style porcelain tile flooring, designer lighting, and an open layout, 9 1/2 foot ceilings that blend comfort with contemporary elegance. The bedrooms feature new high-grade, pet-resistant carpet with an 8 lb. pad, offering both durability and softness. Large walk-in closet off master bath. Granite countertops run throughout the home, including the expanded laundry room, which adds convenience with extra cabinetry, an upgraded sink, built-in desk, and a reverse osmosis water dispenser. The guest bedroom provides a place for that special guest. Just off the foyer you will find the perfect space for an office/study. Stylish designer lighting including sleek pendants and sparkling crystal-inspired fixtures adds a touch of modern sophistication throughout the home. The large covered and fully screened lanai (85% UV protected) with a stylish tongue and groove ceiling provides a peaceful outdoor retreat, complete with coordinating porcelain tile flooring for maximum enjoyment. The extended paver patio and driveway enhance both appearance and functionality. Low-maintenance rock landscaping, flowering shrubs, and solar landscape lighting elevate curb appeal year-round. Additional upgrades include a whole-house ECO water softening system, 3M window tinting for energy efficiency, gutters, and a whole-house Generac generator for added peace of mind. The garage offers exceptional storage with approximately 230 sq ft of overhead racks. HOA amenities add exceptional value, covering lawn and landscape maintenance (including irrigation water and system upkeep), high-speed fiber-optic internet, and access to an impressive array of recreational options. Gated community access. Residents enjoy walking/biking trails, a state-of-the-art fitness center with group classes, multiple pools with poolside food and beverage service, a lakeside dock, kayaks, canoes, paddle boat, tennis, pickleball, bocce, horseshoe pits, a fenced dog park, outdoor fitness zone, and a rubberized walking circuit. The on-site restaurant/bar and spa offer convenience and resident discounts, while golf is available pay-to-play with no membership fees offering organized golfing events and community events through the on-site activities director. This home blends comfort, style, and an amenity-rich lifestyle truly a standout opportunity in this thriving golf cart community. NO CDD FEES!
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.
