1302 Belmar Ter, Deltona, FL 32725
3 beds · 2 baths · 1,592 sqft
Welcome to this stunning 2022-built home located at 1302 Belmar Terrace in Deltona, Florida! This beautiful 3-bedroom, 2-bathroom property offers modern living with TILE FLOORS THROUGHOUT and luxurious QUARTZ-countertops that elevate the kitchen’s aesthetic. The open floor plan creates an inviting and spacious atmosphere as soon as you step inside, making it perfect for entertaining or relaxing with family. The primary bedroom offers tons of space, natural light and privacy away from the main living of the home. The primary bathroom offers a LARGE WALK IN SHOWER, plus TWO separate WALK IN CLOSETS! On the other side of your split floor plan home you’ll find two additional bedrooms one with a walk in closet plus your second full bathroom. As you step out your sliding glass doors you’ll find your oversized fully enclosed and screened porch over looking your huge corner lot. The FULLY FENCED IN BACKYARD, enclosed with vinyl fencing, ensures privacy and security. A LARGE DUAL HINGED GATE provides convenient access, making it easy to store your boat or camper on the property. Additionally, this home features solar panels, which help keep your electric bills low, offering an eco-friendly and cost-effective lifestyle. This home is perfectly situated near plenty of amenities and fun. Just 30-40 minutes to the Beach, 36 minutes to downtown Orlando! Publix and Walmart Super center are both just minutes away for all your grocery needs. For shopping and dining, head to the Deltona Plaza or Deltona Commons shopping centers, where you’ll find a variety of retailers, restaurants, and services. Enjoy local dining options like Sonny’s BBQ and Los Dos Compadres Mexican Restaurant for a variety of tastes. Don’t miss this opportunity to own a move-in ready, energy-efficient home in the heart of Deltona, with everything you need right at your doorstep!
Source: STELLAR #o6238834
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6238834
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: #o6238834
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.