7134 Glenmore Ave Saint Louis, MO 63121
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About this home
*** New Price Alert*** There are Down Payment Assistance programs that are available. For those that qualify for ADDITIONAL FUNDS please contact for more information on lenders!!! *****Home is Active due to No Fault of the Seller************* Buyer was unable to keep financing*** 7134 Glenmore Avenue — a beautifully updated 3-bedroom, 1.5-bath English Tudor home that perfectly blends timeless character with modern convenience. From the moment you arrive, you’ll appreciate the charm of its classic Tudor architecture and the inviting curb appeal. Step inside to discover an abundance of natural sunlight streaming through the home's many windows, highlighting the newly refinished hardwood floors that shine throughout. Freshly painted from top to bottom, this home features brand new ceiling fans and stylish light fixtures that add a fresh, contemporary feel. The kitchen has been thoughtfully updated with new countertops and appliances, including a refrigerator, stove, and microwave — ready for all your culinary adventures. The cozy sunroom at the rear of the home is the perfect place to enjoy your morning coffee or unwind with a good book. Not only is this home beautiful, but it’s also built to last with numerous major upgrades, including a brand new roof, new HVAC system, new electrical service and panel, and a new garage door for added convenience. Located in a charming St. Louis neighborhood, this move-in-ready gem offers both comfort and peace of mind. Don’t miss your chance to own this stunning blend of old-world charm and modern updates — schedule your private showing today! ******Seller reserves the right to accept offers in any order********
Source: MARIS #25054796
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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.