1500 Wyngate Dr, Deland, FL 32724
5 beds · 4 baths · 3,143 sqft
Welcome to 1500 Wyngate Dr., nestled in the prestigious Westminster Wood luxury home neighborhood in DeLand! This stunning 5-bedroom, 2 full bath, 2 half bath home is brimming with character, comfort, and class. Step inside to discover a sprawling 3,143 square feet of living space, perfect for hosting or just spreading out! High cathedral-style ceilings give the home a grand, airy feel, and the custom wood-burning fireplace—double-sided between the family room and living room—adds a cozy touch. With separate family, living, and dining rooms, plus a charming eating nook, you’ll never run out of space for entertaining. The home sits on a lush, .84-acre lot, complete with a fenced backyard and an irrigation system to keep the lawn green and beautiful. The property extends beyond the double-leaf gate fence onto a non-buildable area, offering extra privacy. And the fun continues outside with a saltwater, screen-enclosed pool and a propane-heated hot tub—perfect for unwinding after a long day. The outdoor tiki bar with an outdoor kitchen and granite countertops is ideal for summer barbecues and poolside parties. Don’t forget the convenient half bath off the pool area! Inside, the custom kitchen shines with granite countertops, a kitchen island, soft-close cabinets, a built-in range, and hood. Tile wood flooring runs throughout the home for easy upkeep. The master suite is a luxurious retreat, boasting a newly remodeled ensuite bathroom with a jacuzzi tub, walk-in shower, and custom barn door. You’ll love the spacious walk-in closet, and there's an extra walk-in closet off bedroom 1. This split-floor plan home places the master suite and bedroom 1 on one side for added privacy, while the remaining 3 bedrooms are situated on the other side. With a brand-new roof, custom window treatments, an inside laundry room, and a large circular driveway leading to the 2-car garage, this home is ready to welcome its next owner!
Source: STELLAR #v4938898
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #v4938898
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: #v4938898
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.