462 Tuscany Chase Dr, Daytona Beach, FL 32117
3 beds · 2 baths · 1,697 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Welcome home to Tuscany Chase nestled in a serene small community just minutes from the LPGA shopping and restaurant hub. This 3-bedroom 2-bath residence offers the perfect blend of comfort and style. The open floor plan that seamlessly connects the main living areas creates an inviting atmosphere for both relaxation and entertainment. The large kitchen is a chef's delight featuring beautiful granite countertops, elegant 42'' dark wood cabinetry, SS appliances, a convenient double oven, along with plenty of storage and a spacious pantry. Retreat to the private primary en-suite, your own personal sanctuary complete with a generous walk-in closet, a stylish double sink quartz vanity, soaking tub, and a walk-in shower. Additional highlights of this lovely home include a NEW AC, fully fenced backyard perfect for outdoor gatherings, plantation shutters for added privacy, gutters, a freshly painted interior, and easy-care tile and laminate flooring throughout—no carpeting in sight! Enjoy sunny days by the community pool and embrace the lifestyle you've always wanted. Don't miss out on this exceptional opportunity! One or more photos have been virtually staged. All sizes are approx. All information deemed accurate but cannot be guaranteed. Call for your private showing today!
Source: STELLAR #V4940416
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #V4940416
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 and Equal Opportunity Act.