8996 Carriage Hill Dr, Shelby Township, MI 48317
3 beds · 2 baths · 1,700 sqft
Get a free consultation call with an expert in the mortgage assumption process.
OPEN HOUSE SUNDAY MARCH 23rd, NOON - 2pm. Amazing Opportunity for 1 LUCKY BUYER!! 3-bedroom, 2-full-bath ranch home located in the highly desirable Shelby Twp. area known for its top-rated schools, friendly community, and convenient access to shopping, dining, and recreational amenities, this home is perfect for families, empty nesters and professionals alike. This home is located within the highly acclaimed Utica Community School District, making it an excellent choice for families or empty nesters looking to maintain or enhance the value of their home. Additionally, you'll love the proximity to numerous parks featuring volleyball courts, basketball courts, walking paths, and even pickleball courts-perfect for staying active and enjoying the outdoors. Step inside to discover a bright and inviting open floor plan, featuring a spacious Living Room and Family Room with large windows that flood the space with natural light. The dining area is perfect for family meals or entertaining guests. The roof was replaced in 2023!! Outside, you'll find a backyard oasis, ideal for summer barbecues, gardening, or simply relaxing after a long day. The attached garage and driveway provide plenty of parking and storage space. Don't miss the opportunity to own this move-in-ready ranch in a prime location! Schedule your showing today-this gem won't last long!
Source: REALCOMP #58050169164
Source: REALCOMP #58050169164
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 and Equal Opportunity Act.