10706 Broadlands Dr Brownsburg, IN 46112
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About this home
*** Seller to pay $5000 towards buyers closing cost etc. ***Finished basement with full bath Nestled at 10706 Broadlands DR, BROWNSBURG, IN, this single-family residence in Hendricks County presents an inviting home, ready for you to move in. The kitchen serves as a focal point, boasting a large kitchen island and shaker cabinets paired withcenter island, further enhanced by a backsplash and a kitchen bar, creating an ideal space for both culinary exploration and casual gatherings.all new appliances in the kitchen. The bathrooms provide a touch of elegance and convenience with double vanities. Outside, the property features a porch, a fenced backyard, and a patio, offering diverse options for relaxation and entertainment in the open air. With 3110 square feet of living area spread across two stories, this residence offers ample space for comfortable living, complemented by a generous 10,019 square feet lot area, 4 bedrooms, 3 full bathrooms, and a half bathroom, all constructed in 2005. New roof is a plus. New finished 1334 sq feet basement with room, rec room and full bath, added in last few years. This property is a delightful opportunity to own a well-appointed home with desirable features.
Source: MIBOR #22060888
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.