1823 LAREDO DR, Deltona, FL 32738
This meticulously maintained home boasts a freshly manicured lawn, showcasing its curb appeal from the moment you arrive. Offering over 2600 square feet of luxurious living space with NO HOA! This home features 5 bedrooms, 3 full bathrooms, and a loft, providing ample space for all your needs. Step inside and be greeted by an open concept floor plan that maximizes both space and natural light. The kitchen is a chef's delight, featuring an island with bar seating, stainless steel appliances, and plenty of cabinet and counter space. The kitchen seamlessly flows into the dining and great room, creating the perfect space for entertaining. The first floor also includes a flex room that can be used as a home office or playroom , as well as a bedroom, and a full bathroom. As you make your way to the second floor, you'll find a spacious master suite with an ensuite bathroom, as well as three additional bedrooms and another full bathroom. The second floor offers a second living area and a laundry area for added convenience. Situated on an oversized, you'll have plenty of space to enjoy outdoor activities, including playtime or relaxation in the above-ground pool. The yard is fenced in, allowing enough room for the RV, boat or lawn equipment. Generator electrical connection already installed on the back side of the home. Best of all, there is no HOA, giving you the freedom to customize and make this home truly your own. Located in Deltona, you'll enjoy the best of both worlds. Just minutes from I-4, you'll have easy access to both Orlando and Daytona Beach, two world-renowned tourist destinations. Deltona itself offers a charming small-town atmosphere with all the conveniences of Central Florida. Explore the nearby Blue Spring State Park, enjoy a round of golf at Daytona Country Club, or take advantage of the city's parks and walking trails. Call and schedule a showing appointment today!
You may be able to put down less than the total down payment amount of $190,311 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #o6219255