2553 Nordman Ave, New Smyrna Beach, FL 32168
4 beds · 3 baths · 1,638 sqft sqft
Perfect Family Retreat with a sparkling Pool and Boat Parking in Turnbull Shores. This remarkable property offers a blend of comfort and practicality, making it an ideal choice for families and outdoor enthusiasts alike with 4 bedrooms, 3 bathrooms on a large 100' x 130' lot. An open floor plan effortlessly connects the living, dining, and kitchen spaces. Featuring beautiful flooring, a wood-burning fireplace, new Quartz countertops and large stainless steel sink. The Master Bedroom is in the Rear of Home with en-suite Bathroom and all other Bedrooms and Baths are located in the front of the home. Brand New Roof 2023, Water Heater 2022, A/C 2010, New Sliding Glass Doors to Pool Area & Home was repainted this past year. Step outside to your private backyard oasis, where you’ll find the pool and spacious patio area, perfect for entertaining and relaxing. Enjoy the Florida sunshine in style. This property is a rare find with ample space for all your toys, including a dedicated area for boat parking. Whether you’re an avid boater or simply need extra room for toys, this home offers the space and convenience you need. Located in the serene Turnbull Shores neighborhood, this home combines peaceful living with easy access to local amenities, schools, and the beautiful beaches of New Smyrna. Contact your LOCAL realtor to schedule your tour of 2553 Nordman Avenue today! All information deemed accurate but to be verified by purchaser.
Source: STELLAR #ns1082031
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #ns1082031
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: #ns1082031
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.