1313 Suwanee Rd, Daytona Beach, FL 32114
2 beds · 2 baths · 1,524 sqft
One or more photo(s) has been virtually staged. Welcome to this stunning 2-bedroom, 2-bathroom pool home located in the highly desirable Fairway Estates neighborhood. Designed for comfort and modern living, this property is move-in ready and packed with upgrades! This home features double living rooms, one with a cozy fireplace—perfect for use as an office or flex space. Both bedrooms are spacious master suites with updated en-suite bathrooms that include marbled tile and stylish vanities. Modern upgrades throughout the home include brand-new hurricane-rated windows, a 2016 roof, a new fireproof interior garage door, and a recently installed water heater, offering peace of mind. The interior boasts wood-look tile flooring throughout, a split floorplan for added privacy, and sun tunnels that fill the space with natural light. The updated kitchen is equipped with stainless steel appliances and an eat-in bar, making it both functional and inviting. Step outside to your tropical backyard oasis, surrounded by white vinyl fencing for privacy. The low-maintenance landscaping complements the paver pool deck, which is perfect for entertaining. Located in a well-maintained neighborhood, this Florida block home is just minutes from the golf course, beaches, shopping, and offers easy access to I-95 for commuting. Best of all, this home has never flooded! Whether you're seeking a peaceful retreat or a space to host family and friends, this fully updated home is ready to impress.
Source: STELLAR #ns1083107
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #ns1083107
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: #ns1083107
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.