205 E Harmon Ave Apt 1010 # 1010, Las Vegas, NV 89169
2 beds · 2 baths · 1,296 sqft
Experience the pinnacle of luxury living in this stunning 10th-floor penthouse at the iconic Marie Antoinette building! This newly upgraded 2-bedroom condo boasts breathtaking views of the Las Vegas Strip, the thrilling Formula One race track, and the mesmerizing Sphere perfectly capturing the energy and excitement of the city. Step inside to discover a sleek, modern design with high-end finishes throughout. The fully remodeled kitchen features brand-new modern cabinets, quartz countertops, & premium fixtures. The luxury vinyl plank flooring adds both style & durability, seamlessly flowing throughout the unit. The bathrooms are truly showstoppers, with floor-to-ceiling designer tile,LED lighting in the showers and behind mirrors, & elegant gold hardware reminiscent of 1920s glamour. New modern paint. Every detail has been thoughtfully curated to create a space that is both sophisticated and inviting. Located in a secure, gated building W/ 24-hour security check-in and private parking.
Source: LASVEGAS #2664869
Financials
Source: Public records
Source: LASVEGAS #2664869
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.
What 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.
