226 W Tarrington Dr, Deland, FL 32724
4 beds · 3 baths · 2,424 sqft
This 4 bedroom 2.5 bath home with over 2424 heated living and 3434 square feet under roof including porches and garage. This home is light and bright with a great floorplan in one of the most sought after communities in Deland! The exterior features a handsome elevation and sits high on the hill with a quaint front porch. When you walk through the door it feels like home with expansive ceilings, fresh paint, an open plan with a separate living and dining room with a charming window seat. The family room is open to the kitchen and overlooks the private rear yard with a large screened porch and is made for entertaining and family gatherings. The kitchen is well appointed with eat-in space, extra counter space, granite, rich wood cabinets, and all stainless appliances stay. Convenient utility room off the oversized 2 car garage. Downstairs features wood and ceramic and the upstairs living quarters features brand carpet. All of the rooms are spacious while the large master and second bedroom (currently used as a personal gym) are extra large. The master features a walk in closet and large master bath with double sinks, separate shower and garden tub. The home has generous storage, tall ceilings, new AC and Hot water heater. This home is well maintained and is a must see. The community is a value with internet, cable, reclaimed water irrigation all included in the quarterly fee. Also enjoy the community amenities, clubhouse, fitness center, gym, pool and tennis courts! The home is a short walk from the lake, adorned by trees and and inviting walking trails. The whole community is a park-like setting. This home is conveniently located near major roads and all that Deland has to offer. ---
Source: STELLAR #o6250555
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6250555
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: #o6250555
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.