332 CHARLES DR, Deland, FL 32724
Welcome to this beautiful 3-bedroom, 2-bathroom home located in the sought-after Victoria Oaks community in Deland, FL. Built in 2019, this meticulously maintained residence offers modern living with a spacious 2-car garage and a durable block construction. Inside, the home boasts an open and airy layout, featuring the popular Flex Space floor plan that allows for versatile use of space. The gourmet kitchen is a highlight, equipped with granite countertops, stainless steel appliances, and a convenient breakfast bar, perfect for casual dining and entertaining. The living areas are filled with natural light, creating a warm and inviting atmosphere throughout. The Master Suite is spacious and features a walk-in closet along with an en-suite bathroom with dual granite vanities and walk in shower. The additional guest bedrooms are spacious, and the guest bathroom is well appointed. Residents of Victoria Oaks enjoy access to a range of amenities, including a zero-entry swimming pool, fitness center, tennis courts, beach volleyball, and scenic walking trails. Golf enthusiasts will appreciate the proximity to Victoria Hills Golf Course. The private patio is ideal for outdoor gatherings or relaxing in the Florida sun, and the automatic lawn irrigation system keeps the landscaping vibrant year-round. The HOA provides added value with services such as a Spectrum TV Select plan, Fiber Internet with WiFi, and lawn care. This move-in-ready home offers a fantastic opportunity to experience the exceptional lifestyle and amenities of Victoria Oaks and Deland, FL. Contact us today to schedule a viewing and make this stunning home your own!
You may be able to put down less than the total down payment amount of $116,331 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: #o6226721
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.