2601 Hague Rd Orwell, OH 44076
Your savings
About this home
Welcome to this sprawling ranch with tons of space, comfort, and country charm! This home offers room for a large or growing family, featuring 6 total bedrooms — 3 on the main level and 3 more in the fully finished basement — along with 3 full bathrooms (2 upstairs and 1 downstairs)! Step inside to find new Pergo flooring throughout the living room, bedroom, and master suite. The inviting living room boasts a nice wood-burning fireplace, while the formal dining room and eat-in kitchen make entertaining a breeze. The laundry room is conveniently located right off the kitchen, and all appliances stay — including the washer, dryer, basement refrigerator, and gazebo refrigerator! The spacious master suite features double doors leading to the master bathroom and a sliding exterior door that opens to the backyard. The forced electric air heat system (new within the past year) and electric baseboard heat (individually zoned), and a pellet stove with fan ensure warm and cozy comfort in the colder months! The finished basement offers tons of additional living space, perfect for guests, hobbies, or a rec room. Outside, enjoy 1 acre of property with a farm-fenced in backyard, fire pit, and dog ramp off the deck for your furry friends. The incredible 15x18 gazebo with bar area features rope lights, solar lighting, a ceiling fan, water feature, and full patio setup — all included! The oversized 24x24 garage with a 7’ door provides plenty of space for vehicles and storage. Additional updates per the seller include a new sump pump, well filtration system, and new septic aeration pump (1 year ago). This home truly offers it all — space, functionality, and modern comfort in a peaceful setting. Don’t miss your opportunity to make this one-of-a-kind property your forever home!
Source: MLSNOW #5164556
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.