815 Yacolt Rd SE, Palm Bay, FL 32909
4 beds · 2 baths · sqft sqft
72 HOUR KICK OUT CLAUSE, Built in 2020, nestled on a generous half-acre lot just moments away from shopping and dining! This stunning 4-bedroom, 2-bath residence features a dedicated office space, ideal for remote work or quiet study. As you step inside, you'll be greeted by soaring high ceilings and beautiful wood-look tile flooring that flows seamlessly through the living areas. The heart of the home is undoubtedly the large island kitchen, adorned with sleek granite countertops and stainless steel appliances, including an upgraded touch-style refrigerator. Two pantry areas & spacious dining room adjacent to the kitchen, entertaining friends & family is a breeze.At the front of the home, you'll find sitting room & an office, providing the perfect balance of work and relaxation. The expansive great room boasts large sliding doors that open up to the back patio, inviting you to enjoy outdoor living in your private oasis. 12 x 20 Shed! Boat/RV parking via Double Gate & 2nd driveway! The thoughtful split bedroom plan offers privacy and comfort. The primary suite is a true retreat, featuring a walk-in closet and a luxurious bathroom complete with double sinks, a garden tub, and a separate shower. This home perfectly combines modern amenities with outdoor living, making it an ideal haven for both relaxation and entertainment. Don't miss your chance to call this beautiful property yours!
Source: BREVARDMLS #1026268
Interest rate and monthly payment estimated based on public records.
Source: BREVARDMLS #1026268
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: #1026268
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.