4237 Broomsedge Cir, Melbourne, FL 32904
4 beds · 3 baths · 2,827 sqft
Discover Your Dream Home at Sawgrass Lakes! Nestled in the heart of the highly coveted Sawgrass Lakes community, this stunning block on block Chantilly floor plan offers the perfect blend of luxury and comfort. Boasting 4 spacious bedrooms, 2.5 elegant bathrooms, and a generous 2-car garage, this home is designed for modern living. Gourmet Kitchen:42'' white cabinets with upgraded quartz countertops in both the kitchen and baths. Wood-look tile flooring throughout the main living areas, providing a touch of elegance and durability. Beautiful tile surrounds the showers for a polished look, The large kitchen features a breakfast island and an oversized walk-in pantry. Extended cabinets create a beautiful bar counter, ideal for entertaining guests. Open-Concept Living: The spacious living room offers convenient access to the large, covered patio, perfect for indoor-outdoor living. Enjoy serene views of the preserve area from your backyard, ensuring privacy and tranquili Luxurious Main Level: The owner's suite is a true retreat, featuring a soaking garden tub, separate shower, double vanities, and a private water closet. A walk-in laundry room and powder bath add to the convenience of the main level. Versatile Second Level: Three additional bedrooms provide ample space for family and guests. A full guest bathroom and a large bonus room/loft offer versatility for an entertainment area, home office, or playroom. Outdoor Oasis: The property is fully fenced for privacy, with an enclosed screen patio and extended patio area for outdoor activities. Backing to a preserve area ensures added privacy and a peaceful environment. This exquisite home is designed to cater to your every need, combining modern amenities with a serene setting. Experience the best of Florida living in this beautiful Sawgrass Lakes home!
Source: BREVARDMLS #1038213
Source: BREVARDMLS #1038213
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.