154 Shawnee Dr Pickerington, OH 43147
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About this home
Beauty, space and functionality all in one package! When you step in the door you'll be greeted by the hardwood floors that carry through to the dining room. Follow the hardwood floors as they lead to the open kitchen/living room/eat-in-space. Kitchen features a huge island, 42'' cabinets, granite countertops, and stainless steel appliances. Beautiful stone face fireplace with mantel and don't miss the office space off of the living area. Upstairs features 5 spacious bedrooms including an owner's suite that is the size of an apartment itself and features 2 walk in closets and oversized tile shower. Head down to the basement for more living options perfect for hangouts, recreation or even in in-law suite. Spacious bedroom could be theatre room or other recreational space. Full bathroom. Backyard with beautiful paver patio and built in fire pit. 3 car garage with ample room for parking and depth for storage. The neighborhood is wonderful and the neighbors make it better! Schedule your personal showing today!
Source: COLUMBUSOH #225032726
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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.