234 DUKE DR, Deland, FL 32724
Welcome to your dream home in the heart of a master-planned neighborhood that boasts amenities galore! This stunning 5-bedroom, 3-bath abode is the epitome of modern luxury, with an open floor plan that flows seamlessly from room to room, inviting you to live your best life. The large living room adjoins an upscale and spacious kitchen. It’s a chef's delight, complete with stainless steel appliances, granite countertops, and a large island perfect for entertaining. Retreat to the master suite, a true sanctuary with an en-suite bathroom and a walk-in closet. The remaining four bedrooms are equally impressive, each with ample closet space and plenty of natural light. Step outside to the backyard oasis, complete with a 30’ X 20’ patio, sparkling hot tub, and lush landscaping that provides the perfect backdrop for family gatherings and barbecues. But the real star of the show is the master-planned community itself, which offers a wealth of amenities that will make you feel like you're living in a resort. Homeowners have access to three resort style pools, three gyms, tennis, pickleball, and beach volleyball courts, playgrounds, picnic pavilions, and club house. All these amenities with internet and cable included in your reasonable HOA dues! Explore the miles of walking trails that wind through the neighborhood or walk your kids to the nearby elementary school. With so much to do and see, you'll never want to leave! Don't miss your chance to own this stunning home in one of the most desirable neighborhoods in town. Schedule a showing today and see for yourself why this is the place you'll want to call home.
You may be able to put down less than the total down payment amount of $117,403 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: #v4937844