1074 Victoria Hills Dr S, Deland, FL 32724
3 beds · 4 baths · 2,560 sqft sqft
Seller will purchase a 2/1 buy down to reduce buyers interest rate with accepted offer. Welcome to the stunning neighborhood of Victoria Hills. This exceptional Spruce model pool home, built in 2022, showcases a paver driveway, a stylish pool area with spa, and an eye-catching stone veneer. Nestled in a prime location at the back of the community on the 15th hole of the golf course, this home offers unparalleled privacy with no neighbors in front or behind. The expansive floor plan is designed with a thoughtful three-way split, ensuring all bedrooms are private suites. An additional bonus room serves as a versatile office or activity space. The large kitchen is a chef's dream, featuring an elegant natural gas stove, oversized shaker cabinetry, expansive granite countertops with a farmhouse sink, and a cozy dining area. The owner's suite is a true retreat, boasting an oversized walk-in closet and a luxurious shower. This energy-efficient home is powered by solar panels, which convey with the sale and could potentially save you up to $500 a month on your power bill. Additionally, the home is equipped with natural gas for the stove, water heater, clothes dryer, and hot tub. Victoria Hills offers a wealth of amenities, including golfing, pickleball, tennis, two fitness centers, and two community pools one with a zero-entry play area and a playground. As a golf cart-friendly community situated between Orlando and New Smyrna Beach, Victoria Hills provides convenient access to major highways, making commutes a breeze. The HOA fee includes Cable TV, high-speed 300 Mbps internet, irrigation, and access to all the community features. Residents also enjoy easy access to the Victoria Hills Golf Club, a beautiful 18-hole course designed by Ron Garl. The course is lined with majestic oak hammocks and Augusta pines, and is surrounded by pristine lakes and flowing greens a golfer's paradise.
Source: STELLAR #v4938322
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #v4938322
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #v4938322
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.