29 THORNHILL CHASE CIR, Ormond Beach, FL 32174
Welcome to this stunning 3-bedroom, 2-bathroom home with a spacious 3-car garage, located in the exclusive community of Briargate at Hunters Ridge in Ormond Beach. This beautifully maintained home offers an inviting open floor plan, perfect for both relaxed living and entertaining. High ceilings and an abundance of natural light create a bright and airy atmosphere, accentuated by elegant tile flooring throughout the main living areas. The heart of the home is the well-appointed kitchen, featuring luxurious granite countertops, 42" wood cabinetry, and sleek stainless steel appliances. The kitchen seamlessly flows into the dining and living areas, providing a perfect space for family gatherings and casual dining. Retreat to the expansive master bedroom, complete with a cozy sitting area ideal for reading or relaxation, and a large walk-in closet offering ample storage. The en-suite master bathroom is designed for comfort and style, boasting a walk-in shower with a convenient sitting bench and a separate soaking tub for the ultimate relaxation. Two additional generously sized bedrooms provide flexibility for guests, family, or a home office. The secondary bathroom is thoughtfully designed with modern fixtures and ample counter space. Step outside to enjoy the peaceful surroundings and the lush, landscaped yard. The 3-car garage offers ample room for vehicles, storage, or a workshop area. As a resident of Hunters Ridge, you'll have access to a wide range of amenities, including a sparkling community pool, tennis courts, a welcoming clubhouse, and more. Enjoy the perfect blend of privacy and community living in this highly sought-after neighborhood, just a short drive from shopping, dining, and beautiful Ormond Beach. Don't miss this opportunity to make this exceptional property your new home! Schedule your private showing today and experience all that Briargate at Hunters Ridge has to offer. All information deemed accurate but can not be guaranteed.
You may be able to put down less than the total down payment amount of $315,952 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: #v4938416