3650 Lakeview Dr Ortonville, MI 48462
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About this home
Would you like to experience seclusion but still be close enough to all the amenities you would ever need? Look no further because you've found it! This updated home with 3 bedrooms, 2.5 baths plus flex room/den has it all. Open floor plan offers a large kitchen with tons of storage, SS appliances, dining area leading to the 25 x 17 ft sun drenched great room with 18' cathedral ceilings and gas fireplace. The many windows and skylights allow for serene views from every room and lots of sunlight. Neutral interior has been freshly painted and has solid wood flooring throughout. Primary bedroom has walls of closets and adjoins a spa-inspired remodeled en-suite with luxury vinyl flooring(2020) .The sun filled 3-season room adds additional tranquil space with scenic views. 2064 sq ft lower level offers a half bath and 3 storage areas. The 25 x 24' unfinished open area offers so many possibilities. Step outside to your professionally landscaped1.3 acre treed lot on a quiet road with perrenial gardens, rock walls, pond, large concrete patio and walkways. So much additional back yard space for entertaining. Conveniently located Close to M-15 and I-75 and only 7 minutes to DT Clarkston's shops and dining. New Pella Doorwall(OCT 27-25)- transferable warranty.Consumers Energy Gas Hookup Estimate - $866.38. (Document On File) THIS IS THE RETREAT YOU'VE BEEN WAITING FOR.
Source: REALCOMP #20251033483
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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.