Energy-efficient living meets private backyard relaxation at 623 Lazio Circle, a beautifully maintained 2023-built home in DeBary’s gated riverfront community of Riviera Bella. This home features solar panels, giving the next owner the opportunity to benefit from improved energy efficiency and help offset rising utility costs from day one. A brand-new luxury Jacuzzi hot tub is also included, creating a private outdoor retreat where you can unwind, entertain, and enjoy the Florida lifestyle right at home. Offering 4 bedrooms, 2 bathrooms, 1,836 square feet of living space, and a 2-car garage, this home combines newer construction convenience with thoughtful details throughout. From the moment you arrive, the home delivers strong curb appeal with manicured landscaping, paver driveway details, exterior lighting, a Ring camera, and the added benefit of no home directly in front, creating a more open and private feel. Inside, you are welcomed by tile flooring throughout the main living areas, two-panel interior doors, a coat closet upon entry, and a bright open-concept layout designed for everyday comfort and easy entertaining. The kitchen features granite countertops, a natural gas range, walk-in pantry, stainless steel undermount sink, and generous prep and storage space, making it both stylish and functional for daily living. The main living area is enhanced by a custom panel-detailed accent wall, creating a beautiful focal point. Sliding glass doors lead out to the patio and privacy-fenced backyard, where the brand-new luxury Jacuzzi hot tub creates the perfect place to relax after a long day. Backing to an empty lot, the outdoor space offers added privacy and a peaceful setting for quiet evenings, weekend gatherings, or enjoying the Florida sunshine. The primary suite offers a spacious retreat with dual vanities, a walk-in shower, private toilet closet, and custom built-ins in the primary closet for elevated organization. Located in Riviera Bella, residents enjoy a resort-style lifestyle with a gated entrance, clubhouse, pool, fitness center, playground, splash pad, park, picnic areas, and private community boat ramp with access to the St. Johns River. This golf cart-friendly community makes it easy to enjoy the neighborhood lifestyle, with boating, outdoor recreation, and local favorites nearby. Just minutes away, DeBary Golf & Country Club offers golf and a social club atmosphere, while Swamp House Riverfront Grill is a beloved waterfront spot with laid-back live music and strong local following. The community is ideally positioned near the DeBary SunRail Station, I-4, Lake Mary/Heathrow, local dining, shopping, golf, and the outdoor recreation that makes the St. Johns River lifestyle so desirable. With solar panels, a brand-new luxury Jacuzzi hot tub, privacy fencing, designer touches, and a prime Riviera Bella location, 623 Lazio Circle offers the perfect blend of comfort, efficiency, and resort-style living. Schedule your showing today. Use our preferred lender and receive up to $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 VA 0% down financing available for those who qualify, plus rate buydown options available. Move up to this home and we’ll buy yours subject to conditions. For more information on these exclusive offers, contact the listing agent directly 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.
