13504 Brooklyn Mead Ln, Willis, TX 77378
4 beds · 2 baths · 2,032 sqft
This corner lot 4 bedroom, 2.5 bathroom home features an open floor-plan concept downstairs with vinyl plank flooring, granite countertops, kitchen with island and peninsula seating, 42” cabinets, stainless steel appliances, retractable blinds, exterior solar screens, covered entry, sprinkler system, covered back patio and an epoxied garage floor. The main level includes the living room, kitchen, laundry room, half bathroom with the spacious primary bedroom located downstairs featuring big bay windows for lots of natural light. The primary bathroom features double marble sinks, a garden bathtub as well as a walk-in shower. Upstairs you’ll find an open bonus area fit for a game room or play room with lots of closet storage, 3 large bedrooms with spacious walk-in closets and a full bathroom including double vanity sinks. The fully fenced in backyard includes a large covered patio perfect for entertaining. Washer, dryer and refrigerator are all included with the sale of the home.
Source: HAR #84879721
Source: HAR #84879721
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 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.