279 Lazio Cir, Debary, FL 32713
3 beds · 2 baths · 1,742 sqft
Located in the desirable gated community of RIVIERA BELLA. This MOVE-IN ready 3 BEDROOM, 2 BATHROOM SPLIT home with Paver Driveway is a dream property built in 2019. Features an eat-in kitchen with stainless steel appliances and natural GAS STOVE. Main area features CERAMIC TILE FLOORING FOR LOW MAINTENANCE! Just steps from the entry, you will notice the OPEN LIVING ROOM AND DINING ROOM area which overlooks the Screened in PATIO and BACKYARD. The OWNER'S SUITE & OWNER'S ENSUITE BATH has a large walk-in shower, Double Sink VANITY, and WALK-IN CLOSET. This space offers PRIVACY AND SERENITY TO UNWIND from your busy workday! The 2ND BATHROOM FEATURES TUB SHOWER COMBO and services THE TWO ADDITIONAL BEDROOMS. INDOOR LAUNDRY ROOM. No Front or Rear Neighbors. Smart Home ready and security cameras already installed. Commuting distance to the Orlando and Daytona Beach Areas. Community AMENITIES INCLUDE: Gated, Club House, Fitness Center, Resort-Like Pool, Private Boat Ramp to St. Johns River, Splash Pad, Playroom, 2 Playgrounds, Basketball Court, Theater Room, Billiard Tables, Riverfront Park w/Restrooms, Picnic Pavillion, Natural Gas Community and Community events for all ages. Riviera Bella is located near the north shore of the St. John's River in Debary and conveniently located near I-4 & U.S. 17-92 and Historic Downtown Sanford.
Source: STELLAR #o6259859
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6259859
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: #o6259859
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.