One or more photo(s) has been virtually staged. Stunning 4-Bedroom Pool Home in Sought-After Dalton Woods Welcome to this beautifully maintained 4-bedroom, 3-bathroom pool home located in the highly desirable community of Dalton Woods. Offering over 2,500 square feet of spacious living, this home combines comfort, style, and functionality in one impressive package. Set on a beautifully landscaped lot, the home features a lush front lawn anchored by a majestic, mature live oak tree—an inviting focal point that enhances the home’s curb appeal. Inside, you'll find thoughtful updates throughout, including a built-in desk in the 4th bedroom, perfect for a home office or study space. This home has been meticulously upgraded for peace of mind and modern living: 1. New Roof (2023) 2. New AC System (2022) 3. New Hot Water Heater (2022) 4. Pool Resurfaced (marcite) (2022) 5. New Pool Pump (2024) 6. New Screened-In Patio (2024) 7. New Shed (2024) 8. New Stove & Dishwasher (2021) 9. Updated Glass in Master & Second Bath 10. Pool Safety Fence (2021) Enjoy Florida living at its finest in your private backyard oasis, perfect for relaxing or entertaining around the sparkling pool. Located in the heart of Ocala, this home offers easy access to a wide range of amenities. Whether you're an avid golfer, cyclist, or equestrian, you'll find something to love nearby. The area also boasts beautiful lakes and rivers, making it a haven for outdoor lovers and ecotourism enthusiasts. Don't miss your opportunity to own this move-in ready gem in one of Ocala’s most established and charming neighborhoods.
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.
