780 Clarke Ave, Melbourne, FL 32935
4 beds · 3 baths · 1,677 sqft
Welcome to this beautifully updated 4-bedroom, 3-bathroom home in the desirable city of Melbourne, FL! Offering 1,677 sqft of thoughtfully designed living space, this home has been completely modernized while still preserving its original character. Built in 1963, it has been meticulously renovated to cater to today's lifestyle, providing the perfect balance of style, comfort, and functionality. Step inside and be welcomed by a spacious, open floor plan that flows seamlessly from room to room. The kitchen features modern finishes and appliances, while the bright and airy living areas offer plenty of room for family gatherings or entertaining guests. The large windows allow natural light to pour in, highlighting the fresh, contemporary design. Key updates include a brand-new roof installed in 2022, giving you peace of mind for years to come. The AC was replaced in 2019, ensuring comfort year-round, and a new backyard fence was installed in 2024, providing a private and secure outdoor space to relax or entertain. The expansive backyard is a perfect retreat, offering plenty of space for outdoor activities, gardening, or just unwinding after a long day. Located in a charming neighborhood with easy access to shopping, dining, and local attractions, this home is ideal for anyone looking for convenience without sacrificing comfort. Whether you're a growing family or a professional looking for a modern, turnkey home in a prime location, this property is the perfect fit. Don't miss your chance to own this spectacular homeschedule your tour today and see all that it has to offer!
Source: BREVARDMLS #1042744
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: BREVARDMLS #1042744
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.