19518 Hurst Strand Way, Noblesville, IN 46062
3 beds · 2 baths · 1,500 sqft
Ready for you to move in now! This pond-view, ranch home in beautiful Lakes at Prairie Crossing offers so much room indoors and a fenced-in yard overlooking the pond. Constructed with a "bump-out" that created a primary bedroom larger than most in the neighborhood, an extra-large back patio and high ceilings that add an extra roomy feel, you'll find no end to the space you can utilize. Enjoy morning coffee or entertain guests on the back patio while taking in tranquil views of the pond. The backyard is fully fenced for the safety of little ones and pets. You're just minutes from the charm and entertainment of downtown Noblesville and Federal Hill Commons; the many sports, hiking and nature amenities of Forest Park; and the fun and games at Morse Reservoir Beach and Park. The HVAC was installed in 2022, Water Heater in 2024. Freshly painted 2025. You'll stay comfy all year long and save money on utilities thanks to the spray foam insulation in this home. We can't wait to show you this home! Buyer responsible for verifying room sizes.
Source: MIBOR #22029253
Source: MIBOR #22029253
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%. 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.
Other resourcesWhat is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.