38 Ponce Deleon Dr, Palm Coast, FL 32164
4 beds · 2 baths · 1,863 sqft
Welcome to this meticulously maintained and beautifully designed 4-bedroom, 2-bathroom DR Horton-Cali model home, built in 2021 from the original purchasers. With an assumable loan at 2.99%, this home offers 1,863 square feet of thoughtfully planned living space, this home is the perfect choice for everyone or those who love to entertain. Located in a friendly residential neighborhood, this property combines modern design with functional living, providing comfort and convenience. As you step inside, you’ll be immediately impressed by the spacious and inviting open-concept living area, which boasts an accent wall in the main living space, adding a touch of elegance and style. The well-lit living room seamlessly flows into the kitchen, making it perfect for entertaining or spending time with loved ones. The split floor plan offers the ideal balance of privacy and togetherness, with the primary suite located at one end of the home and the other three bedrooms positioned on the opposite side. The kitchen is a true highlight of the home, featuring classic white cabinets with sleek gold hardware, offering a contemporary yet timeless look. The center island provides additional counter space for cooking or casual dining, while the oversized walk-in pantry ensures that you have ample storage for all your kitchen essentials. An updated LG refrigerator and newly replaced up graded dishwasher enhances the modern appeal of the space, making it perfect for home chefs or anyone who enjoys cooking. The spacious primary suite is a true retreat, complete with a two generous closets. One walk-in closet, provides plenty of space for all your clothing and accessories. The en-suite bathroom offers a luxurious experience, featuring a large vanity with double sinks, and a walk in shower all encompassed in one area. Additional features of this home include a convenient indoor laundry room, ensuring that chores are easily managed, and plenty of storage space throughout. The exterior of the home is just as impressive, with the entire upgraded Vinyl fenced backyard offering endless possibilities. Whether you dream of adding a pool, creating a garden, or simply enjoying outdoor activities, this large backyard space is perfect for making your vision a reality. Immaculately kept, this home shows true pride of ownership, with every detail maintained to perfection. With its clean, fresh appearance, you’ll feel right at home from the moment you step inside. The property is ideally located near shopping, dining, and schools, offering easy access to everything you need. Plus, Flagler Beach is just miles away, making it convenient to enjoy the beautiful coastal lifestyle. This home truly has it all—modern features, spacious living areas, and a prime location. Whether you’re looking for a peaceful retreat or a place to entertain family and friends, this home offers the ideal blend of comfort and style. This home won't last contact me to show you this fabulous home today !!
Source: STELLAR #FC306611
Financials
Source: STELLAR #FC306611
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.