Welcome to this immaculate custom-built POOL home located in the desirable SW Ocala neighborhood of Majestic Oaks! Featuring 3 bedrooms, 2 bathrooms, and a versatile office space. This residence offers nearly 2,500 square feet of thoughtfully designed living space and features many upgrades! Complete with a 2-car garage, a fully fenced in backyard and SOLAR panels, this home is as functional as it is stunning! Upon entering, you will immediately notice the upgraded luxury tile flooring throughout the home, fresh interior paint, soaring ceilings and spacious great room with custom built-ins and a wood burning fireplace. A wide foyer welcomes you inside with views of beautiful sliding doors that open to the magnificent outdoor space. To the left of the foyer features an executive office space, with large windows allowing ample light to flow. The spacious chefs kitchen features granite countertops, solid wood cabinetry, stainless steel appliances and eating space at the bar. In addition, the breakfast nook and dining space features a spacious area with large bay windows overlooking the sparkling pool! The primary suite is a true retreat, oversized with an ensuite bathroom, two walk-in closets, dual vanities, a soaking tub and oversized custom-built walk-in shower. With a split floor plan, this home is great for families or overnight guests. The spacious second and third bedrooms are great in size and complete with a deep closets and large windows allowing natural light to flow. Just steps away down the shared hallway, the second full bathroom offers a shower/tub combo and a deep vanity for convenience and style with a separate door leading out to the screened in lanai and pool. The expansive lanai features a stunning in-ground pool, birdcage, privacy pool fence and plenty of shaded area perfect for relaxing, dining, or entertaining—all while enjoying beautifully landscaped surroundings and tranquil views. Additionally, a brand new white vinyl fence was just installed! Other upgrades include: Solar Panels, custom built-ins, whole home water softener, NEW Pool Pump 2025, NEW drain-Field 2025, fresh interior paint, shelving in the garage, a dedicated laundry room with washer/dryer and more! Pool, landscaping, Washer & dryer all professionally maintained. Septic pumped 2026, HVAC 2025. Annual HOA cost is under $200.00! Majestic Oaks is close to shopping, I75, beautiful springs and spring fed rivers, scenic paths, and minutes to world renowned World Equestrian Center! This home is ready for its next family to enjoy all its benefits. Call today to schedule your showing and let's get you in the home for summer!
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.
