2910 Meleto Blvd, New Smyrna Beach, FL 32168
3 beds · 3 baths · 1,758 sqft
Welcome to this stunning Meritage home, where luxury and modern technology seamlessly blend to create an unparalleled living experience. This property is brimming with high-end upgrades, including exquisite flooring, countertops, and window treatments, all designed to provide both elegance and functionality in the heart of Venetian Bay! ASSUMABLE VA LOAN! From the Beautiful upgraded flooring, counter tops, window treatments, Camera System with interior monitors, outdoor lighting package for year round lighting. No need to get out the 20 foot ladder for Christmas lights, they are already installed and can be programmed to run one color or multiple colors (comes with its own tablet for easy control of the lights). All appliances are included as well as existing window treatments. Meritage homes is known for their energy-efficient features such as foam insulation, (controls air quality, Noise reduction, temperature regulation and interior pest reduction) this home helps you live a healthier and quieter lifestyle while saving you money on your utility bills. Smart Features included are as follows: Smart Home Hub and App, Door Sensors, Video Doorbell, Motion Detector, Smart Door Lock, Smart Thermostat, and Smart Garage Door. Exterior landscaping is maintained by the HOA. The Palms at Venetian Bay is a community located only a few miles from Central Florida's most popular beach town, Tanger Outlets, and many Restaurants such as The Treehouse and The Garlic. Venetian Bay hosts a variety of community events, activities, restaurants and retail for your family to enjoy. These sellers spared no expense on this home, come out and take a look, Bring your Golf Clubs and settle in.
Source: STELLAR #v4937097
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #v4937097
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: #v4937097
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.