428 Harbour Town Ln, Ormond Beach, FL 32174
3 beds · 2 baths · 2,151 sqft
No Flooding or damage from Hurricane Milton or Helene, high and dry. Welcome to your dream home in the prestigious Plantation Bay neighborhood of Ormond Beach. This elegant 3-bedroom, 2-bathroom pool home is situated on a quiet cul-de-sac, offering both privacy and tranquility. Step inside to discover an open and split floor plan that maximizes space and comfort, enhanced by volume ceilings and exquisite architectural details. The heart of the home is the gourmet kitchen, designed for both functionality and style. It features top-of-the-line stainless steel appliances, a striking chef's hood, a beautifully tiled backsplash, and a large island that offers additional storage. The built-in bar just off the kitchen adds a touch of sophistication, making it perfect for hosting friends and family. Retreat to the luxurious master suite, where you'll find tray ceilings, a spacious walk-in closet, and a serene view of the pool area. Step outside to the screened-in pool area, where you can unwind in your own private sanctuary, perfect for enjoying Florida's sunny weather. Living in Plantation Bay means enjoying a lifestyle of luxury with access to exclusive community amenities such as 2 clubhouses with dining, bocce ball and pickleball courts, 45 holes of golf, fitness/spa center, tennis courts, walking and biking trails and more!! All information deemed accurate but cannot be guaranteed.
Source: STELLAR #v4938052
Source: STELLAR #v4938052
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: #v4938052
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.