7425 Buttonbush Ct Indianapolis, IN 46254
Your savings
About this home
An Absolutely Stunning 3BR w/LOFT Home in the Highly Desirable Eagles Landing community Awaits You! Fully Remodeled Home Thoughtfully Upgraded with Care and Attention To Detail. Newer Water Heater, Washer, Dryer inc, New Roof, New Flooring in Kitchen, Bathroom, Laundry Rm. Upon Entry, you'll be Greeted by Soaring Cathedral Ceilings, Engineered Hardwood Flooring, Updated Light Fixtures & Fresh Paint, creating a Bright & Inviting Atmosphere! Updated Kitc Features Sleek SS Appliances, a Custom Italian Backsplash, Oak Cabinets and Counter Space Galore! Family Room w/ Fireplace and Surround Sound Provides a Perfect Space for Entertaining. Upstairs is a Spacious Loft (potentially a 4th BR), A Mstr Suite w/ a Relaxing Garden Tub, Dual Vanities & Sep Shower. All BR have W.I.C, Quite a Generous Layout!! Step outside For Peaceful Moments to the Expansive Deck, overlooking a sizable lot, Perfect for Family Gatherings!! Tucked In a Wooded Area near Eagle Creek Reservoir, Parks, Airport & All Major Highways -This Home Truly Has It All and Comes with a Home Warranty! Schedule your Showing & Come see for Yourself!!
Source: MIBOR #22025546
Loan details
Neighborhood
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.