6011 Selby Ct Noblesville, IN 46062
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About this home
What can I say about Lakeside Estates that hasn't already been said. It's a great community surrounded by great schools, within the limits of Noblesville. Just around the corner from all the excitement, this home still benefits from a little bit of privacy and seclusion. It's rare to see a home inside an housing development with such a large lot, but this home has almost half an acre all to itself, even better yet, it has lots of mature shade trees and plenty of room to spread out. The home has a large open living space, an eat-in kitchen with an intelligent design to offer some separation between the dining room and the kitchen. You still get your kitchen island, an attached garage, 3 bathrooms and a utility room all packed into its 1,683 sq ft of space. The best part is, everyone can get what they want here. The home isn't on the main road through the addition so traffic has been minimized, the privacy factor is slightly improved and it's constantly improving. The back patio is a nice place to grill or unwind, the backyard is plenty large enough for activity and the wood burning fireplace is a feature not seen often in newer homes. This isn't one to miss, especially given how excited these home owners are to sell!
Source: MIBOR #22064180
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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.