12826 Perrin Ln, Dallas, TX 75234
2 beds · 3 baths · 1,605 sqft
Ambitious master-planned community in the heart of the metroplex between Farmers Branch, Irving and Dallas. Strategically planned 2 bedroom for double primary bedrooms plus bonus office area. Planned across from amenities for view and easy access. This beautifully designed 2 bedroom, 2.5-bath features an open-concept floor plan with a spacious kitchen offering a large island, quartz countertops, stainless steel appliances. The primary bedroom offers a large walkin closet plus additional secondary closet. Upstairs, you'll find a versatile loft area, perfect for a media room or office, plus a conveniently located utility room. Ammenities include community pool, dog park, and nearby hike-and-bike trails. Located in a master-planned community with easy access to major highways (PGBT, 635, 35E), commuting to Dallas, DFW Airport, and surrounding areas is a breeze. The HOA covers exterior maintenance and insurance. Minutes from Sam Houston Trail Park and John F. Burke Nature Preserve. Perfect for modern living in a vibrant community!
Source: NTREIS #20803736
All values shown are estimated costs / mo.
Source: Public records
Source: NTREIS #20803736
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.