4138 Clifden Dr Ormond Beach, FL 32174
Your savings
About this home
NEWER-BUILT HOME ON THE LARGEST LOT IN WEXFORD RESERVE — .36 ACRES! This spacious Lennar Trevi model offers 4 large bedrooms and 3 full bathrooms, including a luxurious owner’s suite with two walk-in closets. Each bedroom has access to its own bathroom, providing comfort and privacy for family and guests. The open-concept layout is the heart of this single-story home, where the kitchen, dining area, and great room seamlessly connect—perfect for entertaining or multitasking. Enjoy 9-ft ceilings, 8-ft doors, and abundant natural light throughout. A covered and screened-in lanai enhances your indoor-outdoor living experience. This home is loaded with upgrades, including: Newly installed gutters New vinyl privacy fence Attic space over garage is fully insulated Deep private well for the automated irrigation system Updated landscaping Water softener 42" soft-close kitchen cabinets Quartz countertops & large island Custom wood pantry New tile backsplash Deep farmhouse-style sink Updated light fixtures & ceiling fans Beautiful wood-look tile flooring Custom blinds Ring security system Pet-free, non-smoking home Additional highlights include low HOA fees, streetlights, curbs, and sidewalks. Survey and floor plan are available. Wexford Reserve is a newer community featuring larger lot sizes and waterfront homesites. Ideally located just minutes from I-95, perfectly situated between Daytona Beach and St. Augustine, and only a short drive to dog-friendly Flagler Beach. Convenient to Publix, restaurants, gas stations, and local shops. A new boat storage facility is located just outside the neighborhood. All information is deemed reliable but not guaranteed.
Source: STELLAR #FC313804
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.