5506 Still Meadow Ln Grand Blanc, MI 48439
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About this home
Welcome Home to an Exceptional Ranch in Grand Blanc! Discover this beautifully maintained 3-bedroom, 2.5-bath ranch-style residence nestled on a .28-acre lot in the desirable Grand Blanc community. Built in 2004, the home offers approximately 3000 sq ft of total living space with a finished lower level (with a potential 4th bedroom) that expands your living area substantially. Step inside to vaulted ceilings and a welcoming great room with a fireplace — perfect for cozy evenings and entertaining alike. The airy floor plan flows seamlessly into a stunning kitchen with granite countertops, an expansive island, and sliding glass doors leading to a stamped-concrete patio and the private backyard. The primary suite features a walk-in closet and a private bathroom with a walk-in shower, offering a peaceful retreat at the end of the day. Two additional well-sized bedrooms and a full bath complete the main floor. The lower level has been thoughtfully completed with a large family/recreation room, an office that can double as a 4th bedroom or den, and a half bathroom. This extra space adds immense versatility—ideal for a home theater, playroom, hobby room, or guest suite. Outside, you’ll find a peaceful backyard setting with ample room for outdoor living and grilling. The two-car attached garage provides convenience and storage space. Located in the Grand Blanc School District, this home sits in a quiet, family-friendly neighborhood. Residents highlight the area for its safe streets, well-kept yards, and strong community vibe. This home offers the perfect blend of comfortable everyday living and premium features you’ll appreciate for years. Schedule your personal tour today—you won’t want to miss the opportunity.
Source: REALCOMP #20251048460
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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.
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