3691 Gilmore Pl Bargersville, IN 46106
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About this home
Nestled at 3691 Gilmore PL, BARGERSVILLE, IN, this single-family residence in Johnson County presents an attractive opportunity for discerning homeowners, and is in great condition. Imagine preparing culinary masterpieces in the expansive kitchen, where a large kitchen island provides ample space for both preparation and casual dining, and shaker cabinets offer a timeless aesthetic, while a kitchen bar provides an additional space for socializing. The open floor plan encourages a sense of togetherness, allowing conversations to easily extend into the living room, where a fireplace stands ready to provide warmth and ambiance on cooler evenings. The bathrooms offer a spa-like experience, with walk-in showers and double vanities providing both luxury and convenience. This two-story home offers an impressive five bedrooms and four full bathrooms, alongside a half bathroom, thoughtfully arranged within 4935 square feet of living area, all situated on an 8398 square foot lot, constructed in 2018. This property is a wonderful blend of comfort and style, ready to welcome its new owners.
Source: MIBOR #22060980
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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.