One or more photo(s) has been virtually staged. Welcome to a home that effortlessly blends comfort, space, and everyday elegance—nestled within a desirable gated of Evergreen Estates community in Ocala. From the moment you arrive, the inviting covered front porch and beautifully maintained exterior set the tone for what awaits inside. Step through the front door and experience soaring vaulted ceilings that immediately create a sense of openness and light. The layout flows seamlessly, offering both defined spaces and open-concept living perfect for both quiet evenings and lively gatherings. Just beyond the entry, a versatile space greets you, ideal for a formal sitting area, home office, or creative flex room tailored to your lifestyle. The heart of the home is the expansive living area, where natural light pours in and the ceiling height enhances the airy feel. This space effortlessly connects to the kitchen, where a functional layout, ample cabinetry, and a wraparound counter create the perfect opportunity for bar-style seating; imagine adding stylish bar stools for casual dining or entertaining guests while cooking. Enjoy meals in the formal dining room for special occasions or start your mornings in the cozy breakfast nook, perfectly positioned to capture peaceful views and natural light. Just beyond, the screened-in lanai invites you to unwind—whether it’s morning coffee, evening relaxation, or hosting friends in a private outdoor setting. The primary suite is privately positioned and includes a spacious layout with dual vanities and a well-sized closet. Two additional bedrooms and a full bathroom are located on the opposite side of the home, creating a desirable split floor plan. Recent updates include a new roof replaced in 2023 and appliances approximately 3 years old. With its thoughtful layout, high ceilings, indoor-outdoor living, and inviting atmosphere, this home offers the perfect balance of functionality and charm ready for its next chapter.
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.
