6150 Half Moon Dr, Port Orange, FL 32127
4 beds · 3 baths · 1,952 sqft
Welcome to this fabulous high and dry 4BR home with owner suite on the main level and nearly too many updates to list! The new roof was installed in October to coordinate perfectly with the brick and freshly painted stucco exterior. You will immediately notice the updated landscaping as you approach the front entry. Your foyer is enhanced with an updated chandelier and all lighting throughout the home has been updated. The dining room or flex space will be to your left and flows directly into the kitchen where you are greeted with all new SS appliances, refinished cabinetry and hardware along with beautiful granite countertops. Continue through the kitchen to the breakfast area and breakfast bar which is open to the naturally well lit great room overlooking your large enclosed pool and lanai. This home was made for entertaining, inside and out with plenty of space to gather by the pool and soak up some sun, or have an evening dinner under the covered lanai in your screened in paradise. When it's time to retreat, the owner suite on the main level awaits you with an entry foyer area between the bedroom and en-suite bath with calming views of your pool and soothing pool fountain. Whether you're ready for a quick shower or a relaxing jacuzzi bath, this bathroom will accommodate both. Featuring dual vanities and a separate water closet, your owner suite provides the relaxation you desire. Heading upstairs you will find plenty of space with an oversized bedroom overlooking the pool, two additional bedrooms on the front of the home separated by a full bathroom. This home also features a newer A/C system, new hot water heater, new toilets, an updated central vacuum system with a new hose with remote control operation and new accessories, new ceiling fans throughout, freshly painted interior, a freshly re-finished pool deck, new app controlled thermostat, digital keyless front entry, freshly painted interior and exterior doors with new hardware and hinges, three exterior doors all keyed alike for your convenience, all new paddle style light switches, new outlets with USB charging outlets in the bedrooms, new window coverings, new faucets, new laundry hookups, and a refinished garage floor. All this in a prime location featuring the best schools in the area, convenient to shopping, dining and entertainment and walking distance to the expansive Spruce Creak Park featuring baseball fields, tennis courts, pirate ship park, trails and more. You are also just a short walk to the famous Neighbor's Ice Cream Parlor. Opportunity is knocking! All information believed to be accurate, measurements are approximate. Some photos are virtually staged and labeled accordingly.
Source: STELLAR #V4940768
Financials
Source: Public records
Source: STELLAR #V4940768
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.