204 MORNINGVIEW DR, Eustis, FL 32726
Welcome to 204 Morningview Drive, Eustis, Florida, where elegance meets comfort in this remarkable single-family home. Built in 2005, this residence sits on an expansive 20,001-square-foot lot and offers over 3,732 square feet of meticulously designed living space. As you step inside this two-story masterpiece, you are greeted by an expansive living space that seamlessly flows into the newly enclosed lanai, now under AC—an exquisite addition completed in 2022. The interior exudes sophistication with a harmonious blend of wood laminate and tile flooring. The spacious living areas include three generously sized bedrooms and three well-appointed baths. The kitchen is a chef's dream, featuring sleek granite countertops and high-quality cabinetry, perfect for culinary adventures and entertaining guests. Retreat to the primary suite, a sanctuary of comfort with a walk-in closet and a luxurious bathroom. Additional rooms such as the office, den, and enclosed lanai offer versatile spaces for work, relaxation, or recreation. The home also features a charming screened-in front porch, perfect for enjoying serene mornings, and a downstairs enclosed lanai that opens up to an expansive balcony, providing an ideal setting for entertaining and outdoor enjoyment. Modern amenities include Ecobee smart thermostats, double-paned energy-efficient windows, and an advanced ADT security system with optional Ring cameras for peace of mind. Step outside to the large, fenced backyard with a spacious deck, ideal for outdoor gatherings and enjoying Florida's beautiful weather. The expansive driveway, including a circular portion, provides plenty of space for your boat and multiple vehicles. With no HOA restrictions, you have the freedom to enjoy your property to the fullest. This exquisite home is perfectly situated only five minutes to Lake Eustis, which connects to the Harris Chain of Lakes, and a short drive to the charming downtown areas of Eustis and Mount Dora. Experience the perfect blend of tranquility and convenience in a neighborhood that offers serene living. Don’t miss the opportunity to own one of the largest homes in this peaceful community. Schedule your private showing today and embrace the luxury lifestyle at 204 Morningview Drive.
You may be able to put down less than the total down payment amount of $161,028 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: #o6226198
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.