900 Las Vegas Blvd S # 1209, Las Vegas, NV 89101
1 beds · 2 baths · 1,357 sqft
Experience the ultimate high-rise lifestyle in this stunning SOHO Lofts unit, offering 1 bedroom, 2 full bathrooms, and 1,357 sq. ft. of modern living space with show-stopping panoramic views of the Las Vegas Strip, mountains, and city skyline! Designed for those who appreciate luxury and style, this loft features an open-concept layout, soaring ceilings, and expansive picture windows that showcase the dazzling cityscape from every angle. The primary suite offers a spa-like ensuite bathroom, and the second full bath provides added convenience for guests. SOHO Lofts delivers top-tier amenities, including a rooftop pool and spa, sauna, state-of-the-art fitness center, and 24-hour concierge service. Located just minutes from the vibrant Arts District, top dining, entertainment, and Downtown Las Vegas, this home is perfect for those seeking an elevated, urban lifestyle between the historic and modern Strip. Don’t miss this rare opportunity—schedule your private showing today!
Source: LASVEGAS #2662955
Financials
Source: Public records
Source: LASVEGAS #2662955
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.