3033 Forest Creek Dr Melbourne, FL 32901
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About this home
INCREDIBLE VALUE ON THIS 4 bedroom, 3- bath home with an additional LARGE FLEX ROOM now at unheard-of-pricing perfect for new buyers to bring their vision and add to the already upgraded features. CENTRALLY LOCATED near L3Harris, Historic Downtown Melbourne, Malls, Airport and Restaurants. With over 2500 sq. ft. of versatile living space, this home offers the perfect balance of comfort, style, location and functionality. Step inside to an inviting open floor plan that flows seamlessly from the formal living and dining areas to the family room, all filled with natural light from large windows and triple sliding glass doors opening directly to the screened saltwater pool and patio with its own pool bath entry, perfect for entertaining or enjoying Florida living year-round. The kitchen is designed to impress with granite countertops, tall dark-wood cabinetry and a convenient desk/message center. A casual dining nook with bay windows overlooks the pool and connects to the family room. The primary suite is a private retreat, complete with a large custom walk-in closet and spa-like ensuite. A thoughtfully designed laundry room with sink and storage leads to the oversized flex room under air, currently used as a gym, but ideal for a home office, media room, playroom, or guest suite. Double doors open from here to the extra-large 2-car garage. Outdoors, a paved firepit area creates a peaceful oasiswhether for evening swims, family gatherings, or quiet conversations under the stars. This home is truly one-of-a-kind within the community, offering extra square footage, added features, and the peace of mind that comes with gated living. Ask about the furniture to convey.
Source: BREVARDMLS #1041744
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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.