100 Matthews St, Satellite Beach, FL 32937
4 beds · 3 baths · 1,979 sqft
Picture yourself living in this canal front home on this quiet street in the center of Satellite Beach. Featuring 4 bedrooms, 3 full baths, heated pool & fenced yard. As you enter the double doors the Living room boasts Cathedral Ceilings where the split plan has 3 bedrooms and 2 baths on one side and the master on the other. This home has been well cared for and maintained with a new A/C within the last 18 months, New Hot Water Heater, Paver Driveway, New Metal Roof, New Exterior Paint, Hurricane Shutters, recently renovated pool and New Sod on the entire front yard. This wide corner lot offers access to store an RV, Trailer etc behind the double gates. You'll enjoy the peaceful back yard as the pool & back deck are perfectly positioned with an elevated long view of the canal. The low maintenance Coquina Rock Seawall & 2 jet ski floating docks await your new water toys where you can explore the Indian River. Don't let this opportunity to live beachside on the water pass you by.
Source: BREVARDMLS #1036038
All values shown are estimated costs / mo.
Source: Public records
Source: BREVARDMLS #1036038
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.