2249 Litchfield Loop Deland, FL 32720
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About this home
Immaculate, Energy-Efficient Home in the Coveted Lincoln Oaks Community! Welcome to this beautifully maintained, nearly new 3-bedroom, 2-bathroom home in the heart of the highly sought-after Lincoln Oaks neighborhood. From the moment you arrive, you’ll be impressed by the pristine landscaping and undeniable curb appeal. Step inside to a bright, open floor plan featuring stylish laminate flooring, rustic-inspired lighting, and a spacious living area designed for comfort and connection. The chef’s kitchen is a true centerpiece, offering real wood cabinetry, granite countertops, stainless steel appliances, and a massive island that seamlessly flows into the main living space, making it ideal for entertaining. Enjoy the thoughtful upgrades, like recessed lighting with built-in nightlight mode, a sleek, modern detail that sets the tone for elevated everyday living. The primary suite is generously sized and bathed in natural light, complete with a ceiling fan and a huge walk-in closet. Both guest bedrooms also offer ample space, walk-in closets, and beautiful laminate flooring. This home’s state-of-the-art solar system brings incredible energy savings, your total monthly bill averages around $142, even during peak summer months! Stay cool without worrying of soaring utility costs. Other highlights include an indoor laundry room with custom shelving, R-30 insulation, LED lighting, and energy-efficient windows and water fixtures throughout. Relax outdoors on the covered back patio, where you can enjoy peaceful mornings with birds singing or wind down with a sunset in the evening. Take a quick stroll to the community pool or nearby walking trail for a breath of fresh air. Located just minutes from historic downtown DeLand, you’ll love being close to boutique shopping, local dining, and vibrant community events. With easy access to I-4, commuting to Orlando or heading to the beaches is a breeze. Don’t miss this opportunity to own a truly exceptional home. Schedule your private tour, TODAY!
Source: STELLAR #O6318790
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.