833 Palisades Ct, Greenwood, IN 46143
4 beds · 3 baths · 3,360 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Spacious Family Living on a Quiet Cul-de-sac! This home boasts over 3300 square feet of living space, perfect for families seeking comfort and style. Located on a peaceful cul-de-sac, this property offers the ideal blend of privacy and community. Step inside and be greeted by an open-concept floor plan, ideal for entertaining and everyday living. The kitchen, featuring newer appliances that stay with the home, flows seamlessly into the living area, creating a warm and inviting atmosphere. The living room is anchored by a fireplace with a custom mantle, adding a touch of elegance. Upstairs, you'll find four generously sized bedrooms, including a master suite complete with a jacuzzi tub for relaxing after a long day. A large loft provides flexible space that could be used as a family room, game room, or movie room - the possibilities are endless! Enjoy the convenience of an upstairs laundry room. Outside, professional landscaping enhances the curb appeal, while a backyard paver patio with a pergola provides the perfect spot for outdoor gatherings. A fire pit creates a cozy ambiance for evening relaxation, and a mini barn offers extra storage space. The swing set stays, adding to the fun for younger family members. 3-car garage provides ample parking and storage. Don't miss out on this exceptional opportunity! This spacious home, with its desirable location and numerous upgrades, won't last long. Schedule your showing today!
Source: MIBOR #22019903
All values shown are estimated costs / mo.
Source: Public records
Source: MIBOR #22019903
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.