307 Honeysuckle St South Bloomfield, OH 43103
Your savings
About this home
Welcome home! Built in 2022 and gently lived in, this beautifully appointed residence in Bloomfield Hills offers a bright, open floor plan designed for both everyday living and entertaining. Step inside to find easy-to-clean hard surface flooring throughout the entry level, a private den ideal for a home office, and a spacious living room that seamlessly flows into the kitchen and dining area. The kitchen features warm cabinetry, stainless steel appliances, a corner pantry, and a central island. It's the perfect gathering space for hosting! Upstairs, the generous primary suite offers a peaceful retreat, complete with a dedicated bathroom featuring a dual vanity, large shower, and an expansive walk-in closet. Two additional bedrooms, a hall bath, and a versatile loft provide plenty of space for relaxation and functionality. Don't forget the convenience of 2nd floor laundry! The backyard has been upgraded to include a large concrete patio and privacy fence, making it the perfect gathering space when the weather is nice. South Bloomfield Elementary is just down the street & there's also a nearby community pool. This home's location offers easy access to Routes 23, 270, and Rickenbacker. Don't miss this fantastic opportunity!
Source: COLUMBUSOH #225038106
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.