1270 Valley Forge Dr Indianapolis, IN 46234
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About this home
Welcome home to this charming and move-in-ready ranch! Offering a fantastic blend of comfort and convenience, this 3-bedroom, 2-bathroom gem is the perfect place to start your homeownership journey. Step inside to an efficient layout designed for modern living. The bright, updated kitchen features a full suite of included appliances and opens to the dining area, perfect for entertaining. The spacious living room is a blank canvas, ready for you to make it your own. Unwind in the primary bedroom, which offers a peaceful retreat with its own full bathroom and a walk-in closet. Two additional bedrooms provide great flexibility for a home office or guest room. Enjoy the ease and convenience of having everything located on one level! The experience extends outdoors from the covered front porch to the open back patio, perfect for summer barbecues. A handy storage shed provides extra space for tools and toys, and the finished 2-car attached garage keeps your vehicles out of the elements. Location is everything! This home is nestled in the Linden Square subdivision, which features a park and playground. You are just minutes from a fantastic selection of shopping, restaurants, and easy interstate access for a simple commute. This charming home is the key to starting your brand new chapter. Don't miss this opportunity-schedule your private tour today!
Source: MIBOR #22062812
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Close stress-free in 45 days, handled start to finish by Roam.
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If you find a better price on any home, we’ll match it.
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.