13646 Leafy Arbor Dr, Montgomery, TX 77356
3 beds · 3 baths · 3,059 sqft sqft
Walden Golf Course Beauty. Lots of curb appeal with the white brick exterior. Not your average "cookie cutter" home. The entry reveals a massive 32' x 20' family room with high ceilings and an electric fireplace flanked by built in cabinetry. Long views of Walden's hole 5 with hole 2 in the background. A wide open floorplan with wood looking vinyl plank flooring throughout with tile in the wet areas. The kitchen has plenty of cabinetry, granite countertops, SS appliances and island. Formal dining room and a breakfast area. The primary bedroom has a large bath with dual vanities, an oversized shower and separate soaking tub. Off of the primary bath is the study with a wall of built in cabinetry. A half bath is nearby. The second level has two nice sized bedrooms with oversized closets separated by a Jack and Jill bath. There's a bonus room with an 8'x6' storage closet. The patio and deck out back overlooks the famed Walden Golf Club. Enjoy all of the amenities that Walden has to offer.
Source: HAR #19758340
Interest rate and monthly payment estimated based on public records.
Source: HAR #19758340
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: #19758340
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.