12105 Mossygate Trl, Manor, TX 78653
4 beds · 3 baths · 2,437 sqft sqft
MOTIVATED SELLERS! BUYER INCENTIVE: $5,000 TOWARDS rate buy down or closing costs. Welcome to your dream home in the heart of ShadowGlen Subdivision, Manor, TX! This stunning 4 bedroom, 2.5 bathroom, 2 story residence boasts an abundance of natural light that illuminates every corner of its spacious interior. As you step inside, you are greeted by soaring high ceilings that create an airy and expansive atmosphere. The open-concept design seamlessly connects the living, dining, and kitchen areas, perfect for both everyday living and entertaining guests. The heart of the home, the kitchen, is a chef's delight with modern appliances, ample counter space, and a large island that invites gathering and socializing. Adjacent to the kitchen, the living area features high ceilings, lots of natural light, and lots of space ideal for relaxing evenings with loved ones. Upstairs, a huge media room awaits, offering a retreat for movie nights or gaming sessions. The highlight of the second floor is the beautiful catwalk, where you can enjoy a picturesque view of the neighborhood pond, creating a serene ambiance. The primary suite is a true sanctuary with its spacious layout, a spa-like ensuite bathroom featuring dual vanities, a garden tub, and a separate shower. Three additional bedrooms upstairs provide plenty of space for family or guests, each offering comfort and privacy. Outside, the backyard beckons with possibilities for outdoor dining and recreation, while the community amenities include parks, trails, and a vibrant neighborhood atmosphere. New seed and sod were just laid to help with growing the grass in the backyard. Don't miss out on the opportunity to make this extraordinary property your new home. Schedule your showing today and envision yourself living in luxury and comfort in ShadowGlen Subdivision!
Source: ACTRIS #6792281
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #6792281
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What 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.
MLS ID: #6792281
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.