Welcome to 3875 SE 51st Ct — your private retreat in the highly sought-after gated community of Summerton South! This beautifully maintained 4-bedroom, 3-bath pool home combines comfort, functionality, and thoughtful upgrades designed for everyday living and effortless entertaining. Step inside to discover an inviting split floor plan filled with natural light and stylish finishes. The spacious great room seamlessly opens to the kitchen and dining areas, creating the perfect flow for family gatherings or weekend get-togethers. The kitchen features a large island with a sink, breakfast bar seating, and ample cabinet space, making it the true heart of the home. A cozy eat-in nook overlooks the pool area, providing the ideal backdrop for morning coffee or casual meals. The primary suite offers direct access to the pool area, allowing you to slip out for a refreshing morning swim or unwind under the stars. The ensuite bath includes a soaking tub, walk-in shower, dual sinks, and generous closet space. On the opposite side of the home, the split layout provides privacy for guests or family, with a full pool-access bathroom for added convenience. Step outside to your personal oasis! The screened birdcage enclosure (replaced just 3 years ago) surrounds a resurfaced pool and extended stone paver deck, perfect for lounging or entertaining. Just beyond, you’ll find a dedicated grilling and entertaining zone—ideal for summer barbecues or game-day parties. An outdoor shower, built-in grill area, and fully fenced yard with two doggy doors make this backyard as functional as it is fun for everyone (including pets!). Recent updates ensure peace of mind and lasting value: New roof (complete replacement including skylights and tubes) Birdcage enclosure replaced (approx. 3 years ago) Pool resurfaced and deck extended with stone pavers Hot water heater replaced (3 years ago) Septic pumped in 2024 Upgraded tile flooring in foyer and formal dining (replacing builder-grade laminate) Located in a quiet, gated neighborhood with beautiful homes and mature landscaping, Summerton South offers a serene setting just minutes from Ocala’s shopping, dining, and top-rated schools. Whether you’re hosting poolside gatherings, enjoying peaceful evenings in your private backyard, or simply appreciating the thoughtful design throughout, this home truly has it all — style, comfort, and modern upgrades ready for you to enjoy. Come see why 3875 SE 51st Ct is the perfect blend of luxury and livability — schedule your private tour today!
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.
