660 Holiday Dr Fortville, IN 46040
Your savings
About this home
If you are looking for a place to call home, you might not want to miss this great home. Situated in a great friendly neighborhood, without an HOA! This home is so convenient to the highway but just steps away from Fortville and all that Fortville has to offer. Do you enjoy being outside? Spend time in the huge backyard that is fenced. Also includes a mini barn to store your tools and toys. You can use your imagination to make the yard a playground for kids or adults or even you pets! Inside the home you will find 4 good sized bedrooms upstairs and a full hall bath as well as a half bath in the main bedroom. The space will surprise you! On the main floor there is a large living room with new carpet, ready for you to move your furniture right in. The kitchen has new vinyl plank flooring and white shaker style cabinets and all the appliances for you need. Main floor also includes a good size laundry room and a half bath. The floor plan is open and all you need to do is move right in! If you are looking for a place to park a work truck or travel trailer or even an extra car, this house is for you, there is an additional concrete pad just for that! This is one that you will not want to miss. Schedule your showing NOW!!!
Source: MIBOR #22066373
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.