17309 Pine Wood Ln, Westfield, IN 46074
3 beds · 2 baths · 1,402 sqft
Check out this beautifully updated, three-bedroom two-bathroom ranch in the desirable Pine Ridge subdivision of Westfield- offered at just under $300,000! You will sense the pride of ownership immediately with the well-manicured yard with low-maintenance landscaping and a modern color scheme on the shutters and new garage door. Inside, the vaulted ceilings and natural light, complemented by the fresh neutral paint, create an airy and welcoming atmosphere. The new luxury vinyl plank flooring flows seamlessly throughout, offering both durability and style that will pair with any decor. The updated kitchen is a culinary delight, featuring moody black cabinets, gorgeous new granite countertops, and a bar seating area, perfect for casual meals or entertaining friends. You will love the flow of the floorplan with living areas that are defined yet open; the dining area is connected to both the kitchen and the expansive great room, which has enough additional space for an office or play area. Updated bathrooms showcase new vanities, sleek mirrors, contemporary lights, and new toilets. The backyard is a perfect escape from the daily hustle, where you can relax and enjoy a bonfire in the firepit built into the large brick patio, entertain friends with a cookout or let kids or pets play outside with the safety of the wooden privacy fence. The roof, HVAC, and water heater are all less than five years old, offering peace of mind for the new homeowner, plus there's a small storage shed in the back. Don't miss your chance to own this beautiful home that is located minutes from Grand Park, Downtown Westfield, and Clay Terrace. You can be at the epicenter of everything that booming Westfield has to offer- enjoy the great outdoors while biking, walking, running the Monon or explore the vast array of restaurants, shopping and entertainment nearby.
Source: MIBOR #22027050
All values shown are estimated costs / mo.
Source: Public records
Source: MIBOR #22027050
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.