2183 Woodfield Cir, Melbourne, FL 32904
4 beds · 3 baths · sqft
Welcome to Your Ideal Family Retreat: 2023 Roof, Spacious Living, and Endless Possibilities! Nestled in the heart of West Melbourne, within a peaceful gated community. Boasting over 2,700 square feet, under air, of thoughtfully designed living space, combining elegance with functionality. The large primary suite, recently refreshed with new carpet and paint, creates a serene retreat for relaxation. This spacious haven includes His & Her closets, a garden tub, a walk-in shower, and dual sinks. The home's layout is designed for both daily living and entertaining, with formal living and dining areas that exude sophistication. The expansive kitchen and family room, complete with a cozy kitchen nook, offer ample space for everyday activities and gatherings. Large guest bedrooms & bathrooms PLUS a large bonus room awaits, offering endless possibilities. Whether you envision it as a game room, office, or additional bedroom, this flexible space is sure to adapt to your family's needs. Step outside to discover a fenced-in backyard that's perfect for creating your outdoor paradise. The large screened back porch provides a delightful space for relaxation and entertainment. The expansive backyard was designed with a pool in mind! Imagine customizing this space with a full-size pool, water feature, sundeck, and more, all visible from the foyer, living room, kitchen, and family room. A separate entrance in the guest bath hall area ensures convenient access from the inviting back porch. Situated within a sought-after community, this community offers not only privacy but also a host of amenities, including a pool & park. The location provides easy access to top rated schools, shopping, and dining, ensuring that all your needs are met within close reach.This home is ready for its new owner to add personal decorative touches and truly make it their own. With its blend of comfort, elegance, and potential, is more than just a houseit's a place where cherished memories are waiting to be made. Don't miss the opportunity to make this exceptional property your forever home. Schedule a private tour today and start envisioning your life in this beautiful setting.
Source: BREVARDMLS #1012157
Source: BREVARDMLS #1012157
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
MLS ID: #1012157