538 Gertrude Ln, South Daytona, FL 32119
3 beds · 2 baths · 1,254 sqft
One or more photo(s) has been virtually staged. Remodeled & Move-in Ready! This beautifully remodeled 3 bedroom, 2 bathroom home with an attached 2-car garage is perfectly situated just minutes from the Intracoastal and beach. Boasting modern upgrades and thoughtful touches throughout, this home is designed for both style and functionality. Step inside to discover solid surface flooring throughout, creating a seamless and stylish living space. The remodeled kitchen showcases quartz countertops, crisp white cabinets for an open airy feel, recessed lighting, and a breakfast bar for casual dining. Open to the dining room, this space is perfect for formal dining or entertaining guests. The spacious primary suite features a fully renovated ensuite bathroom with a walk-in shower. Two additional bedrooms provide comfortable accommodations for family, guests, or a home office. Enjoy Florida living year-round in the expansive Florida room, a versatile space ideal for morning coffee, evening relaxation or entertaining while overlooking the expansive, fenced backyard with a shed for extra toys. Whether you're hosting a barbecue, playing with kids or pets, or simply enjoying the outdoors, this backyard is designed for both fun and functionality. Plus, the home is prewired for a generator. Situated just minutes from I-95 and I-4, this prime location places you near Embry-Riddle Aeronautical University, Daytona International Speedway, One Daytona, Tanger Outlets, Daytona International Airport, and the iconic "World’s Most Famous Beach." Enjoy easy access to shopping, dining, entertainment, and all the best that the area has to offer. Don't miss this incredible opportunity to own a move-in ready home in an unbeatable location. All information recorded in the MLS is intended to be accurate but cannot be guaranteed.
Source: STELLAR #V4941577
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #V4941577
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 of Equal Opportunity Act.