1121 Crystal Falls Dr, Prosper, TX 75078
4 beds · 4 baths · 3,695 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Nestled on a serene east-facing cul-de-sac within the prestigious Gentle Creek golf course community, this exquisite custom home offers a perfect blend of elegance and comfort. Crafted with timeless sophistication, the exterior features traditional brick and Austin stone and a three window bricked dormer to bring natural light into the foyer; setting the tone for the luxury within. Inside, soaring ceilings and a sweeping curved staircase with wrought iron balusters create a grand first impression. The interior is adorned with 20-inch tile flooring, thick moulding, and elegant stylish wall trim, each detail meticulously chosen to enhance the home's refined ambiance. The kitchen is a culinary haven, boasting granite countertops, ash cabinets with fluted corners, and stainless-steel appliances, including a 5-burner gas cooktop and warming drawer. The open floor plan seamlessly connects the family room with a fabulous enclosed sunroom that leads to the side patio, and kitchen, fostering a sense of togetherness. The study with wood-built shelves offers charm and functionality. Enjoy two bedrooms on the first level. The primary suite is your personal sanctuary, designed for relaxation. Enjoy the spa-like experience with his & her vanities, a stand alone tub for unwinding, and a walk-in shower. The guest bedroom with an ensuite bathroom is perfect for a mother-n-law suite. The second level features two additional bedrooms, one ensuite bathroom and one jack-n-jill, offering a serene retreat. These private spaces are perfect for family and guests, ensuring everyone has their own peaceful haven, and a large gameroom with nail-down wood flooring, offers an inviting space for entertainment and relaxation. Zoned to highly sought-after Prosper ISD, this home combines exclusive family living with access to top-tier education. It’s the perfect home to create new memories! Schedule your private viewing today and discover the lifestyle you’ve been waiting for.
Source: NTREIS #20887695
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: NTREIS #20887695
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.