1509 Gold Ter, Deltona, FL 32725
4 beds · 2 baths · 2,010 sqft sqft
One or more photo(s) has been virtually staged. Welcome home to this charming 4 bed, 2 bath residence, located on a corner lot, in the established neighborhood of Deltona Lakes. As you step inside the home, you are welcomed into the open concept entertaining and dining spaces with a beautiful kitchen in the heart of it all. Enjoy finish trims of granite countertops, stainless steel appliances, vented range hood to the exterior, and dining bar in this recently remodeled kitchen. The laundry room location is perfectly placed for functionality and multitasking, just off the kitchen. Tucked behind the kitchen is an ample sized flex room, which also provides access to the carport and outdoors. To the right of the main living area is a secondary bedroom, with ease of dual function for a multipurpose space with separation and privacy. Moving to the left wing, you will find two additional secondary bedrooms, hall bathroom, and primary retreat. The primary retreat includes an ample walk-in closet and ensuite bathroom, showcasing double sinks, granite countertops, and a standing shower. This home is in a prime commuting location, with proximity to Seminole Town Center, Stetson University, Daytona State College, and more, with a less than 10-minute drive to I-4, making traveling through Central Florida a breeze! Schedule your private tour today.
Source: STELLAR #o6204713
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6204713
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: #o6204713
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.