3172 RIVERHEAD DR, Deltona, FL 32738
Discover Your Dream Oasis at 3172 Riverhead Dr, Deltona FL 32738! Nestled in the heart of Deltona, this enchanting residence effortlessly marries modern elegance with tranquil living. Welcome home to a symphony of comfort, style, and convenience. Charm Meets Sophistication: Step inside and be captivated by the seamless fusion of luxury and warmth. From the moment you enter, the spacious layout invites you to unwind and indulge in every corner. Nature's Embrace: Surrounded by lush greenery, this haven offers a serene escape from the hustle and bustle of city life. Breathe in the crisp, fresh air as you enjoy the picturesque views of the surrounding landscape. Inviting Interiors: Every detail in this home has been thoughtfully curated for a refined living experience. From the gourmet kitchen adorned with sleek appliances to the cozy living spaces bathed in natural light, every inch exudes timeless charm. Endless Entertainment: Whether you're hosting gatherings with loved ones or enjoying quiet evenings in, this residence offers endless possibilities for entertainment and relaxation. The expansive backyard beckons for al fresco dining under the stars. Prime Location: Conveniently situated in Deltona, you'll enjoy easy access to a plethora of amenities, including top-rated schools, shopping destinations, and recreational activities. Embrace the convenience of urban living while reveling in the tranquility of suburban charm. Don't miss this opportunity to make 3172 Riverhead Dr your forever home. Schedule your private tour today and embark on a journey to unparalleled luxury living!
You may be able to put down less than the total down payment amount of $159,217 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: #o6199307