56 Bonita Rd, Debary, FL 32713
4 beds · 2 baths · 2,020 sqft
Welcome to this stunning waterfront retreat in the heart of DeBary! This move-in-ready 4 bedroom, 2 full bathroom single-family home offers the perfect blend of style, functionality, and charm. With its solid brick-and-block construction and top of the line fixtures and finishes throughout the home, this property ensures lasting quality and peace of mind. Step inside to discover an optimized living space featuring an open-concept kitchen that seamlessly flows into the living area, dining room, and a beautiful covered lanai overlooking the private lake at the rear of the property. The layout is perfect for entertaining guests or simply enjoying a cozy family evening at home. The spacious kitchen is a chef's dream, boasting a large center island, 42-inch cabinets, granite countertops, and top-of-the-line appliances. A generously sized pantry provides extra storage for all your culinary needs. The Owner's suite is a true retreat, featuring large windows that fill the space with natural light, two expansive walk-in closets, and a gorgeous Owner's suite bathroom complete with a jetted tub, granite countertop and double vanity. This immaculately kept home has too many features to mention. Whether you're entertaining friends or enjoying the serene waterfront views, this home delivers comfort and elegance at every turn. With its picturesque setting, versatile layout, and stunning features, this home is a rare find.
Source: STELLAR #o6262078
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6262078
Source: Public records
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: #o6262078
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.