26 Marlindale Ave Youngstown, OH 44512
Your savings
About this home
This charming and updated three bedroom Tudor on a double lot in Boardman is just what you’re looking for. The first floor consists of a large living room with beamed ceiling lots of natural light and a fireplace. The living room opens up to the large dining room and joins the updated kitchen. The kitchen has granite counters, SS appliances and new casement window above the large SS sink. The second floor has an updated bath with granite counter, mosaic tile back splash, hall with built in linen cabinet, and three bedrooms. Large walk up attic for storage or could be finished if you need some extra space. The full basement has a large space with a decorative fireplace and painted joists that could be used for whatever you desire, a laundry area and an additional commode. There is a single car detached garage, patio area and a large treed lot with perennials and natural privacy. Many updates in the last 15 years, including roof, side windows, HVAC, HWT, electric panel, added sump pump, exterior drainage. Updates include, counter tops, front/rear windows, glass block, landscaping rock, new commodes, light fixtures, paint and carpet.
Source: MLSNOW #5165820
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
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.