354 Stirling Bridge Dr, Ormond Beach, FL 32174
4 beds · 3 baths · 2,537 sqft
MAJOR PRICE IMPROVEMENT!! Welcome to your dream home in a prestigious gated community, of Plantation Bay in Ormond Beach, Florida, where luxury meets tranquility. This stunning property features a saltwater heated pool with a spa, complemented by a screened-in lanai that showcases a full outdoor summer kitchen, complete with a Green Egg smoker, beverage cooler, and sink. The outdoor space is enhanced with lush turf and elegant pavers, perfect for entertaining or relaxing. Nestled on a private lot that backs to serene conservation land, this home offers both privacy and natural beauty. Step inside to discover a spacious kitchen boasting a large island with seating, quartz countertops, and high-end appliances designed for both style and functionality. The open floor plan creates a seamless flow between the kitchen, dining, and living areas, ideal for both everyday living and entertaining. Additional features include a 3-car garage with an epoxy floor finish, workbench, and extra storage shelves, as well as a paver driveway. The prestigious community of Plantation Bay offers a blend of elegant single-family homes, charming villas, and spacious townhomes, all set amidst lush landscapes and meticulously maintained grounds. Residents enjoy exclusive access to top-tier amenities, including picturesque golf courses, a vibrant clubhouse with fine dining options, and state-of-the-art recreational facilities like swimming pools, tennis courts, and a modern fitness center. With scenic nature trails and serene green spaces, Plantation Bay provides a perfect retreat for those seeking both relaxation and an active lifestyle. Experience the best of upscale living and the charm of coastal Florida in this exceptional community. The property is conveniently located near beaches, shopping, and restaurants, providing easy access to all your needs. For peace of mind, the home is equipped with a Vivint security system, including a video doorbell and three surveillance cameras. This home is not just a place to live, but a lifestyle to experience.
Source: STELLAR #o6227373
Source: STELLAR #o6227373
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: #o6227373
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.