2640 Waterview Dr Eustis, FL 32726
Your savings
About this home
Welcome to 2640 Waterview Drive, a beautifully maintained 3 bedroom, 2 bathroom home in the highly sought-after area of Eustis. This property blends the convenience of nearby Downtown Eustis, Mount Dora, and Tavares with the peaceful, rural feel that Grand Island is known for. If you’re looking for space, privacy, mature trees, and an established neighborhood, this one stands out immediately. Step inside to a bright, freshly painted interior featuring a split floor plan, a comfortable kitchen nook, and a separate dining room perfect for gatherings. The living area flows naturally to the screened back patio, offering an ideal transition to the outdoors. The fully fenced backyard is a true highlight — a spacious, shaded retreat with mature oak trees, fruit trees, and a large workshop that’s perfect for storage, hobbies, projects, or a future she-shed/he-shed conversion. With a 2-car garage, ample driveway space, and larger lot sizes throughout the neighborhood, you’ll enjoy the privacy and breathing room rarely found in newer developments. Located just minutes from shopping, dining, and waterfront parks, yet tucked into a quiet residential pocket, this turn-key home offers the best of both worlds: rural charm with suburban convenience.
Source: STELLAR #G5103075
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.