$265,000

1289 Boulevard Dr Howell, MI 48843

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About this home

Peaceful & private woodland retreat with convenient access to Lake Chemung, tucked away on a lush, tree-lined lot. This charming home features hardwood floors, an updated kitchen with granite counters and subway tile backsplash, and a sleek full bath. The spacious upstairs loft offers vaulted ceilings, great natural light, and a private balcony - perfect as a bedroom, studio, or office. Enjoy the serene setting from the deck, front porch, or yard surrounded by mature landscaping. Property includes a shed and ample space for entertaining, gardening, or relaxing. Homeowners enjoy private boat launch and private lake access, and this property is also on the waiting list for a boat slip at the community dock - a unique opportunity for future water access!

2 bedroom
1 bathroom
1,244 sqft
0.48 acres
Single Family
Built in 1945
Air conditioning

Source: REALCOMP #58050181841

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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.

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Last updated: Aug 11, 2025 07:22 pm
Listing agent: Adam Blake (586) 610-0337
Listing provided courtesy of: Realteam Real Estate (586) 580-8092
Details provided by REALCOMP and may not match the public record.
MLS ID: #58050181841
IDX provided courtesy of Realcomp II Ltd. via Roam Brokerage, LLC and Realcomp MLS, ©2025 Realcomp II Ltd. Shareholders The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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