1500 Daybreak Dr Fruitland Park, FL 34731
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About this home
Welcome to this beautifully maintained and elegantly updated single-family home, perfectly located in a quiet, private subdivision, The Glen, known for its family-friendly atmosphere and unbeatable convenience. Nestled in one of the area’s most desirable neighborhoods, this home is just minutes from top-rated schools, major hospitals, shopping centers, dining options, and several charming local towns including The Villages. As you step inside, you'll immediately notice the inviting open-concept floor plan that creates a warm and airy atmosphere. The spacious living area flows seamlessly into the modern kitchen, which features ample cabinetry, updated appliances including a brand-new microwave, and generous counter space—perfect for preparing meals and hosting guests. Natural light pours in through large windows, enhancing the bright, cheerful ambiance and drawing your eye toward the sunny, private backyard—ideal for summer barbecues, playtime, or simply relaxing in your own outdoor retreat. The yard offers plenty of space for gardening, pets and entertaining. This move-in-ready home has been thoughtfully updated with a brand-new air conditioning system 2025, brand new carpet, new low-maintenance vinyl plank flooring throughout much of the home, ensuring both comfort and peace of mind. Additional features include ample storage space, a dedicated laundry area, and a two car garage. Don't miss the opportunity to own this well-appointed home in an unbeatable location. Schedule your private showing today and come see all that this wonderful home has.
Source: STELLAR #G5100230
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.