2816 S Elston Dr Deltona, FL 32738
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About this home
Welcome to your dream home! This beautifully remodeled 3-bedroom, 2-bath residence includes a dedicated home office and sits on nearly half an acre in Flood Zone X—no flood insurance required—with breathtaking lake views and its own private fishing dock. Every inch of this home has been updated for comfort, style, and peace of mind. Upgrades include a durable metal roof, fresh paint inside and out, brand-new electrical box and outlets, new HVAC, and modern lighting and ceiling fans throughout. Step into the kitchen and fall in love with the sleek, all-new Samsung stainless steel appliances, complemented by gorgeous finishes including natural stone countertops and brand-new cabinetry as well as a pantry. The bedrooms boast new flooring (no carpet anywhere!), offering a clean and contemporary look throughout the home. Enjoy seamless indoor-outdoor living with a folding patio door that opens to a spacious screened-in porch, perfect for relaxing or entertaining while soaking in the tranquil lake views. Whether you’re sipping your morning coffee or hosting friends for sunset drinks, the private backyard provides an unbeatable setting. The oversized lot is in Flood Zone X, so peace of mind This home is a rare find – fully updated and move-in ready on a gorgeous lake lot. Don’t miss your chance to own your own piece of paradise!
Source: STELLAR #O6347726
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.