7051 Lanier Falls Rd, Deland, FL 32724
4 beds · 3 baths · 2,100 sqft
HOME UNDER SURVEILLANCE Take A Look At This Gorgeous 4 Bedroom/ 3 Bath Home In The Lakewood Park Community! Why Wait For New Construction When You Can Move Into This Almost New Gem That Boasts An Array Of Upgrades And Extras That Surpass What A Builder Offers! Pulling Up To This Property You Will See The Paver Driveway And Sidewalk Enhancing The Curb Appeal Of The Home. Stepping Into The Foyer You Are Greeted By The Wood-Look Tile Flooring Connecting The Foyer, Kitchen, Living And Dining Areas. The Kitchen Is A Chef’s Delight, Featuring Dark Wood Cabinets, Sleek Stainless Steel Appliances, Granite Countertops, Spacious Island, Walk-In Pantry. And The Stylish Subway Tile Backsplash Adds A Modern Touch. The Spacious Owner’s Suite Offering A Water View With Double Sinks, Enclosed Tiled Shower And Walk-In Closets. The Full Guest/In-Law Suite Is Located At The Front Of The Home Just Off The Foyer And The 3rd And 4th bedroom Share A Full Bathroom In A Separate Hallway Ensuring Added Privacy For Everyone. The Living Room Boasts Oversized Sliders That Open To A Stunning Lanai With Remote-Controlled Screen Keeping Those Bugs At Bay While Enjoying Your Outdoor Space. The Fenced Yard And Serene Pond Views Add To The Charm And Is Perfect For Relaxing And Entertaining! The Community Of Lakewood Park Offers Residents Access To Wonderful Amenities Including Clubhouse, Community Pool And Playground. The Property Is Just Minutes From I-4, Downtown Deland-Voted #1 Main Street And Having the Most Amazing Restaurant And Quaint Shops, Medical, And Local Parks, Trails And Much More. Don’t Miss Viewing This Amazing Home! It May Not Last!
Source: STELLAR #v4937761
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #v4937761
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: #v4937761
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.