1133 Buttermilk Ln, Port Orange, FL 32129
3 beds · 2 baths · 1,746 sqft sqft
One or more photo(s) has been virtually staged. Completely remodeled and move in ready! Spacious 3 bedroom, 2 bathroom split floor plan home in the heart of Port Orange. High and dry, no flooding during storms. New floors, new windows, new fixtures, new garage door, new AC. The kitchen boasts a new stainless steel appliance package, breakfast bar seating and crisp with cabinets for a bright and airy atmosphere. The separate dining area is great for family gatherings and entertaining guests. The wood-burning fireplace in the family room is ideal for cozy quiet evenings. The generous primary bedroom features a walk-in closet and full ensuite and walk-in shower, offering a private retreat within the home. Step outside to the large screened Florida room, ideal for relaxing and unwinding. The sprawling backyard is perfect for kids and pets. Additionally, an outbuilding workshop and a second shed provide ample storage space for all your beach toys and equipment. This home's fantastic location offers easy access to I-95 and is close to the Pavilion shopping, dining, movies and medical facilities. Enjoy the convenience and lifestyle that Port Orange has to offer. Don't miss the opportunity to make this beautifully remodeled home your own. All information recorded in the MLS is intended to be accurate but cannot be guaranteed.
Source: STELLAR #v4937242
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #v4937242
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: #v4937242
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.