5833 Nelson Dr Hudsonville, MI 49426
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About this home
One of Georgetown Shores' finest custom-built homes is now available, and it is truly exceptional. Crafted in 2017 with a thoughtfully designed and newly completed lower level (2022), this residence offers the perfect blend of modern luxury, elegant design, and peaceful waterfront living.Offering 4 bedrooms and 4.5 baths, this spacious home welcomes you with tall ceilings, abundant natural light, and breathtaking water views from nearly every window. The main-level primary suite is your private retreat--complete with serene lake views, a spa-inspired bathroom featuring a soaking tub, custom tiled walk-in shower, and an expansive wardrobe-ready closet.Upstairs, you'll find a generously sized bedroom/bonus suite with its own private bath and stunning views overlooking the lake.The lower level is an entertainer's dream, boasting heated floors, a large living area, full kitchenette, and a unique indoor storage/garage space perfect for lake gear, outdoor toys,or hobby equipmentkeeping your lifestyle as seamless as it is enjoyable. Step outside to enjoy close access to the community beach and boat launch, making lake days effortless. Whether you're relaxing, entertaining, or spending time out on the water, this location offers the perfect balance of privacy and convenienceright in the heart of Hudsonville. The only thing this luxury lake home is missing... is you. Schedule your private showing today and experience Georgetown Shores living at its finest.
Source: REALCOMP #65025056757
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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.