10931 Redstone Ct, Missouri City, TX 77459
4 beds · 2 baths · 2,871 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Located in the Fort Bend Independent School District, this charming home is situated in the heart of Sienna and zoned to Ridge Point High! The neighborhood boasts two gyms with state of the art equipment, five pools, pickle ball and tennis courts free to all residents. It features several ponds for catch and release fishing, an equestrian center and sports complex! The home features new quartz countertops, a new roof, fresh paint throughout, updated light fixtures, and newly installed gutters. The master suite features a walk-in closet and ensuite bathroom. It also has a spacious private office. With close proximity to local shops, upscale restaurants, the medical center and parks, this home provides the perfect balance of comfort and convenience. Located in a cul-de-sac with no back neighbors!! Call today for details!!
Source: HAR #54372666
Source: HAR #54372666
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 and Equal Opportunity Act.