2841 Idleweise Dr, Deltona, FL 32738
3 beds · 2 baths · 1,555 sqft
MOVE IN READY HOME! Welcome to 2841 Idleweise Drive, a delightful 3-bedroom, 2-bathroom single-family residence nestled in Deltona. As you enter you will be greeted with vaulted ceilings and 1,555-square-foot that offers a perfect blend of comfort and convenience. The open-concept design provides a welcoming atmosphere, ideal for both relaxation, and entertaining. The extra large island will leave ample space for hosting with friends and family and is a culinary enthusiast's dream. Pack your bags! NOTHING TO BE DONE HERE! Home has been fully renovated, with NEW LVP flooring throughout, Fresh Paint, New Blinds, New Bathroom Vanities, and Light fixtures. The New Kitchen is equipped with Brand New Cabinets and soft closed drawers and all 2020 stainless steel appliances! Every detail addressed, updated thermostat, ring doorbell, and chime. Enjoy the indoor laundry room. As the Florida sun sets, retreat to the screen enclosure to relax and sip on your favorite beverage. You will be Perfectly Situated in the prime location of Deltona, conveniently close to local amenities, schools, parks, eateries, movie theaters, the hospital and short drive to the interstate Four. Positioned between the sandy Florida Beaches and Orlando theme parks. *ROOF 2021 * HVAC 2021 *Newer Hot Water Tank*
Source: STELLAR #V4941252
Financials
Source: Public records
Source: STELLAR #V4941252
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.