Convenient I-4 access • Established Deltona location • Single-family home • Family Room • Office/Den • Expansive backyard with spectacular swimming pool • Generator-ready home with exterior hookup for backup power during outages Seller and preferred lender incentives are available toward the buyer’s closing costs. Preferred lender offering 1% credit toward buyer’s closing costs (subject to terms and conditions). This well-maintained single-family home is situated in an established residential neighborhood offering convenient access to major roadways, local amenities, and everyday services. The property blends functional interior living with generous outdoor space designed for comfort, flexibility, and enjoyment. The home features a practical and well-defined layout with spacious living areas, including a separate family room that provides additional space for relaxation, entertainment, or everyday gatherings. The living areas flow naturally into the dining space and kitchen, making the home ideal for both daily living and entertaining. Abundant natural light enhances the interior, creating bright and welcoming spaces throughout. The remodeled kitchen showcases updated finishes, cabinetry, and a functional workspace, centrally located to connect seamlessly with the living, dining, and family room areas, creating an efficient flow. Bedrooms are thoughtfully arranged to provide privacy from common areas, offering ample closet space and convenient access to bathrooms. In addition to the main living areas, the home includes a dedicated office, perfect for remote work, a study, or a flexible-use space to suit today’s lifestyle needs. A major exterior upgrade includes a roof replacement in 2018, providing added value and peace of mind. The seller also completed an important electrical upgrade by installing a professionally wired exterior connection. This feature allows a portable generator to be safely connected to power the home during outages. In the event of a power loss from the main utility service, a generator can be connected to supply electricity to the home, providing added reliability, comfort, and storm preparedness, an especially valuable feature in Florida. The backyard is a standout feature, offering an exceptionally spacious outdoor area with a spectacular in-ground swimming pool, ideal for relaxing, entertaining, or hosting gatherings year-round. The yard provides plenty of room for outdoor seating, landscaping, and additional enhancements, making it a true private retreat. Please note: the storage sheds currently located in the backyard are not included in the sale of the property. Additional features include a two-car attached garage and a wide driveway that accommodates multiple vehicles and guest parking. Conveniently located near Howland Blvd, the property offers easy access to grocery stores, retail centers, coffee shops, and essential services. Interstate 4 is just minutes away, allowing for efficient travel to Orlando, Daytona Beach, Sanford, and other Central Florida destinations. Nearby parks, recreational facilities, libraries, and shopping centers are all within a short drive, within an established Deltona neighborhood with mature landscaping. Property details, features, and measurements are deemed reliable but not guaranteed and should be independently verified by buyers or their representatives. Owner-occupied. 24-hour notice required before all showings.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
