2879 Bluewood Way, Plainfield, IN 46168
3 beds · 4 baths · 2,164 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Beautiful home featuring MANY UPGRADES!! This immaculate and meticulously maintained 2-story home with a basement offers over 3,000 sq ft of living space! Nestled in the prestigious Settlement neighborhood, this home is truly a showstopper. Step inside and be captivated by the open-concept design, boasting a large and inviting living space which includes a separate dining room with a gas log fireplace, a stunning bay window in the living room, and engineered hardwood floors that flow seamlessly into the kitchen areas. Perfect for entertaining, this warm and welcoming space is where your memories are ready to be made! Key Features: 3 spacious Bedrooms, all with walk-in closets! A massive master suite spanning over 400 sq. ft. with dual walk-in closets, an updated walk-in shower, and plenty of room for a private home office or cozy sitting area! A spacious upstairs Family room (20x16), ideal for movie or game nights! 3.5 Bathrooms, including a roughed-in full bath in the unfinished basement-a rare find with endless possibilities to customize! Unfinished Basement, ready for your finishing touches, or to use as additional storage! A three-season Sunroom overlooking your serene, wooded backyard! A recently upgraded deck, perfect for grilling and outdoor relaxation! Includes all appliances, a newer water heater, and many SMART home features! ADT alarm system and a home warranty for peace of mind! 3-car Garage with Extended driveway! Neighborhood Perks: Located in the award-winning Avon school system, The Settlement offers a vibrant, pet friendly, and active lifestyle with: Miles of walking and running trails! A clubhouse with a POOL! Basketball and tennis courts! Playground areas, soccer fields, and softball/baseball diamonds! Don't miss YOUR chance to own a stunning home in a highly sought-after community! Schedule a tour today and see for yourself all the fabulous upgrades and add-ons!
Source: MIBOR #22024067
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: MIBOR #22024067
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.