13508 Franklin Pierce Cv, Manor, TX 78653
3 beds · 2 baths · 1,362 sqft
Welcome home to this well maintained cul-de-sac home in the sought-after Presidential Glen subdivision. From the moment you arrive, you'll be greeted by its charming curb appeal, inviting you to explore all the incredible features it has to offer. Step inside this stunning 3 bedroom, 2 bathroom gem and be captivated by the spacious open floor plan, perfect for entertaining and creating unforgettable memories with loved ones. The large family room boasts an abundance of natural light, creating a warm and inviting atmosphere that is sure to make you feel right at home. Prepare to be wowed by the expansive kitchen, complete with custom cabinets and luxurious granite countertops. Whether you're a culinary connoisseur or simply enjoy whipping up delicious meals for your family, this kitchen will surely exceed your expectations. Retreat to the owner's suite, your own personal oasis, where you can unwind after a long day. The accompanying full bath offers the perfect spot to relax and rejuvenate, providing you with a tranquil space to escape the stresses of everyday life. The secondary bedrooms are no exception to the splendor of this home, sharing a full bath that is both stylish and functional. As a resident of the Presidential Glen subdivision, you'll have access to an array of amenities. Spend lazy summer days lounging by the community pool, create lasting memories with friends and family at the neighborhood park or clubhouse, or watch as your little ones experience endless joy on the playground. The possibilities for fun and relaxation are truly endless.
Source: ACTRIS #6330921
Source: ACTRIS #6330921
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: #6330921
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.