168 Bradwick Cir, Debary, FL 32713
3 beds · 2 baths · 2,202 sqft
Welcome to this stunning corner lot home in a gated community, offering a spacious .25-acre lot and an impressive layout featuring 3 bedrooms, 2 bathrooms, a bonus room on the second floor, and a 3-car garage. Thoughtfully renovated, this home seamlessly blends modern elegance with everyday functionality. The 2023 kitchen renovation showcases striking blue and white cabinetry, quartz countertops, high-end appliances with a transferable warranty, and luxury light fixtures that elevate its sophisticated design. The bathrooms have been fully updated with granite countertops and exquisite tile finishes, creating a sleek and contemporary feel. Designed for efficiency and comfort, this home includes a new HVAC system (2023) and a state-of-the-art 12-stage water filtration system, complete with an additional alkaline water filter. Recent updates also include fresh interior and exterior paint, as well as attic insulation added in 2023 for improved energy efficiency. Step outside to a covered porch, perfect for relaxation or future expansion into a pool or extended patio area. The fully fenced backyard offers privacy and security, making it an ideal space to enjoy. This gated community provides excellent amenities, including a pool and playground, all for a low HOA fee of $280 per quarter. Conveniently located just 2 minutes from Publix, Walmart, Target, and various shopping and dining options, and only 5 minutes from a premier golf club. FHA assumable loan available at 5.45%. More pictures coming soon. The listing agent is the owner. Take advantage of this exceptional opportunity—contact me directly for more details!
Source: STELLAR #S5121037
Financials
Source: Public records
Source: STELLAR #S5121037
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.