5062 Nielson Ct Dayton, OH 45424
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About this home
Welcome to 5062 Nielson Court! Ideally located on a cul-de-sac, in the heart of Huber Heights! Walk through the front door to a spacious living area with large bay window! Kitchen is next with ample cabinet, and counter space! Kitchen bar has a sitting area for a quick bite or morning coffee. The attached garage is just off the kitchen, which makes for easy access with groceries and/or coming home from those late-night soccer games! Off the living room is the first full bathroom, completely updated and ready for your personal touches. Next is the spacious primary bedroom with an exceptional walk-in closet! Upstairs, off the right of the front door, is two more bedrooms and updated full bath. The bedroom to the right is a comfortable space with large window and storage. Plenty of storage and closet space as you walk the hall heading to the additional bedroom. This is an ideal primary bedroom or perfect for a shared space! Downstairs past the kitchen you will find the great room that can be used as one room or as a combination, dining and family room. Woodburning for fireplace keeps you nice and cozy on cold winter evenings! Ample windows throughout the room, cascade natural light into the space. Sliding glass doors to the back patio make for easy, entertaining and family gatherings! Fenced in yard is ideal for pets. The additional two car garage is just off the backyard perfect for the Auto enthusiast! So much to love about this home! Tour today!
Source: DAYTON #945501
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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.