316 Dahoon Holly Dr, Daytona Beach, FL 32117
3 beds · 2 baths · 1,618 sqft
This beautifully maintained lakefront residence, built in 2005, offers an upgraded living experience with three bedrooms, two bathrooms, a finished porch, and stunning lake views. The home includes numerous enhancements, such as seamless gutters, upgraded ceiling fans in every room, an energy-saver package, pull-down attic stairs, and extra storage cabinets in both the laundry room and garage. The entryway is highlighted by an Anderson screen/storm door, adding to the curb appeal. The spacious master suite boasts a luxurious bath and walk-in closet. Vaulted ceilings and an open floor plan create a bright, airy atmosphere throughout, featuring display shelves and a decorative tile backsplash in the kitchen. Appliances including a range, microwave, and refrigerator are also included. For easy maintenance, the property has a sprinkler system on a well and a timer. Located in the desirable Grand Preserve subdivision, this home sits on a large waterfront lot, Offering convenient access to beaches, shopping, restaurants, universities, medical facilities, and I-95. Close proximity to Tanger Outlets ensures access to a vast selection of shopping, dining, entertainment, and big-box stores. This beautiful home could be yours soon!
Source: STELLAR #v4939052
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #v4939052
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: #v4939052
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.