764 Universe St NW, Palm Bay, FL 32907
3 beds · 2 baths · 1,313 sqft
Welcome to this beautifully updated POOL HOME. The screened-in entry adds a welcoming touch, and as you step inside, you'll immediately appreciate the freshly painted interior and the spacious feel created by the vaulted ceilings. New Luxury Vinyl Plank flooring flows throughout the main living areas, while the bedrooms feature plush new carpet and ceiling fans for added comfort. The open kitchen showcases sleek granite countertops, a granite breakfast bar, new stainless steel range and microwave, and newer cabinetry. A cozy eating area, pantry, and ample storage space complete this well-appointed kitchen. The living room is bathed in natural light, thanks to skylights, and features a charming fireplace for those cozy evenings. A separate dining area provides plenty of space for gatherings. The updated hall bath offers granite countertops, new lighting, and a beautifully tiled tub surround. The master suite is a peaceful retreat with a walk-in closet and a fully updated en-suite bath. Enjoy a spa-like experience in the tiled walk-in shower, complete with modern fixtures, lighting, and a newer vanity. Step outside to your private, fenced-in backyard, where you'll find a screened-in pool, perfect for relaxing or entertaining year-round. The walk-in laundry room offers additional convenience, the garage has also been freshly painted, and the roof and AC both were installed in 2022, this home is move-in ready. This charming home combines comfort and style in every detail - a must-see, book and appointment today.
Source: BREVARDMLS #1028896
Interest rate and monthly payment estimated based on public records.
Source: BREVARDMLS #1028896
Source: Public records
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: #1028896
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.