324 Bonita Rd, Debary, FL 32713
3 beds · 3 baths · 2,038 sqft
Charming Home in Woodbound Lakes – A Hidden Gem in DeBary! Welcome to this inviting 3-bedroom, 2.5-bathroom home, nestled in the quiet and peaceful Woodbound Lakes subdivision. Situated on over a quarter-acre lot in a cul-de-sac, this home offers over 2,000 square feet of comfortable living space with a classic brick elevation that exudes curb appeal. A long driveway leads to the spacious two-car garage, providing ample parking for you and your guests. Enjoy peace of mind with a brand-new roof installed in January 2025 and an HVAC system that’s only four years old—ensuring comfort and efficiency for years to come. Inside, the heart of the home is the kitchen, where you’ll find granite countertops and real wood cabinets, perfect for preparing meals and entertaining. While the master bathroom is in need of a full renovation, this presents an exciting opportunity to build instant equity and create the retreat of your dreams. Beyond the home itself, DeBary offers an exceptional lifestyle. Centrally located between Orlando and Florida’s beautiful beaches, this charming town is home to the DeBary SunRail station, Gateway Center for the Arts, numerous parks, scenic trails, and stunning natural springs. Love the outdoors? The nearby Highbanks Marina and Campground make it easy to enjoy boating, fishing, and weekend getaways. Exciting developments are on the horizon for DeBary, including the upcoming DeBary Main Street and Transit-Oriented Development (TOD). This pedestrian-friendly, mixed-use community will enhance connectivity and create a vibrant, livable space centered around the SunRail station and Central Florida Trail Hub. Don’t miss this fantastic opportunity to own a home in one of Central Florida’s best-kept secrets. Come explore DeBary and see for yourself why this community is so special. Schedule your private showing today!
Source: STELLAR #O6292711
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #O6292711
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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.