Welcome to 358 Lazio Circle, a beautifully maintained pool home located in the highly desirable Riviera Bella community of DeBary. From the moment you arrive, the home makes a lasting impression with its beautifully landscaped curb appeal, pavered front screened enclosure, exterior lighting, and elegant stone façade at the entry. Designed for Florida living, this home features a private outdoor retreat with a beautiful pool, fully landscaped backyard, artificial turf, private fencing, and exterior lighting, making it the perfect space for relaxing, entertaining, or enjoying year-round sunshine. The home also includes solar panels that will be paid off by the seller at closing, offering added value and energy efficiency. Inside, you’ll find a bright and inviting floor plan filled with natural light throughout, featuring crown molding, chair railing, tile flooring, a convenient coat closet, and a versatile flex room upon entry that can be used as a formal dining space, home office, sitting room, or playroom. A half bath downstairs adds everyday convenience for guests. The kitchen is designed for both function and style, offering granite countertops, a tile backsplash, Whirlpool appliances, a gas stove, dual sinks, and a spacious walk-in pantry. Sliding glass doors provide easy access to the outdoor living space, creating a seamless flow between the kitchen and backyard. The first-floor primary suite provides a comfortable private retreat with a dual-sink vanity, walk-in shower stall, private water closet, and a built-in closet system. Upstairs, you’ll find a spacious flex landing area, four additional bedrooms, two full bathrooms, and a conveniently located upstairs laundry room. Additional features include two-panel doors, a water softener, and thoughtful finishes throughout. Located in the gated, Mediterranean-inspired Riviera Bella community along the St. Johns River, residents enjoy access to resort-style amenities including a clubhouse, fitness center, community pool, splash pad, playground, riverfront park, boat ramp, and more. This location offers convenient access to SunRail, I-4, shopping, dining, golf, Lake Mary, Orlando, Daytona Beach, and St. Johns River recreation. With its private pool, flexible layout, energy-efficient solar, and prime DeBary location, 358 Lazio Circle is a home you do not want to miss. Schedule your showing today! Use our preferred lender and receive $2,000 toward closing costs. Purchase this home, and if YOU are not satisfied, we’ll SELL IT FOR FREE! First responders and military members, ask about our appreciation discount. Exclusive offer: purchase this home with VA 0% down available for those who qualify. Rate buydown options are also available. For more information on these exclusive offers, call the listing agent directly using the information below.
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.
