221 Aston Grande Dr, Daytona Beach, FL 32124
3 beds · 3 baths · 1,288 sqft
Welcome to this beautifully updated 2-story townhome. Boasting 3 spacious bedrooms, 2.5 bathrooms and a 1-car garage, this home is located in a serene, amenity-filled community that offers a lifestyle of convenience. As you arrive, you'll be greeted by manicured landscaping that enhances the home's charming curb appeal. Step through the front door and into an inviting, open-concept living space. The inviting living room serves as the heart of the home, where sliding glass doors open to your private patio overlooking the tranquil pond. The modern kitchen boasts stylish updates, featuring a newly updated backsplash that perfectly complements the sleek cabinetry and quartz countertops. Whether you love to cook or simply appreciate a beautifully designed space, this kitchen is both functional and aesthetically pleasing, making entertaining a joy. For added convenience, the stackable washer and dryer are thoughtfully located inside downstairs, allowing for effortless laundry day Without sacrificing valuable space. Upstairs, you'll find a thoughtfully designed layout with two spacious guest bedrooms that offer comfort and versatilityperfect for family, guests, or a home office. A beautifully updated full guest bathroom serves these rooms with modern fixtures and finishes. At the end of the hall, the primary suite awaits with a generous layout, a private ensuite bathroom, and plenty of closet space. This townhome has been carefully updated with stylish finishes and touches throughout. From the tasteful lighting fixtures to the thoughtful design elements, this home offers a perfect blend of charm and modern sophistication. Beyond the home itself, the community is rich in amenities with a welcoming neighborhood atmosphere, a community clubhouse and a sparkling pool. Don't miss your chance to own this beautiful home conveniently located close to all shopping, restaurants, the famous Daytona Speedway and a short drive to the beach! Schedule your private tour today. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.
Source: STELLAR #V4940811
Financials
Source: Public records
Source: STELLAR #V4940811
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.
