11817 Bexley Dr, Burleson, TX 76028
4 beds · 2 baths · 2,110 sqft
Adorable home in Ashford Park in Burleson with beautiful curb appeal! This home boasts 4 beds and 2 baths and 2 car garage. The 4th bedroom could be used as an office. The front flex room at entry could be dining or play space or office. Kitchen features large island with room for barstools, granite countertops, plenty of countertop space & cabinets, stainless appliances! Dining space next to the kitchen features a see thru fireplace to the living area! This area is so cozy and welcoming with the fireplace and makes it feel like home! Living area is spacious and adjacent to the 4th bed & Primary bedroom and primary features an ensuite bath and walk in closet, separate shower and soaking garden tub, dual sinks and plenty of storage! 2 additional bedrooms and bath set up on a split floorplan. HOA features a swimming pool perfect for the summer!
Source: NTREIS #20885302
Source: NTREIS #20885302
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%. 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.
Other resourcesWhat is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
