57 Chrysanthemum Dr Ormond Beach, FL 32174
Your savings
About this home
Imagine having no power bills in this beautiful concrete block stucco home in Southern Pines! 2025 brand new top-of-the-line solar panels with brand new 25' 30 year architectural roof. 2019 luxury vinyl plank flooring. Spacious dining rm to the right is the potential 4th bedroom or office. Through the archway is an oversized living rm w/tray ceilings overlooking the custom paver and fenced backyard. For the ultimate privacy to the right of the home is a perfectly positioned primary bedrm featuring trey ceilings and a sitting rm. Sitting rm has view of the backyard as well. Primary bath is Spa like with double vanity, garden, soaking tub & walk-in tile and glass door surround there are two closets in the primary.warm kitchen w/2019 stainless steel appliances, plenty of modern cabinets & bar top island .There is a breakfast area as well overlooking oversized custom paver patio. The property has fruit trees and 6 ft vinyl fenced with double gate on the right hand side & 42 Solar Panels!
Source: REALMLS #2107755
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.
Data provided is deemed reliable but is not guaranteed. The data relating to real estate for sale on this website comes in part from the Northeast Florida Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All Rights Reserved.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.