1399 Javelin Way, Lewisville, TX 75077
4 beds · 3 baths · sqft
Priced to SELL! UPGRADES GALORE! New fencing (2022)! New roof, gutters & Hardi Board (2017)! And guess what? The REFRIGERATOR, WASHER & DRYER STAY! This home is move-in ready and waiting for it's next owner. Come see this charming 4 bed, 2.5 bath home and make it your own! The stunning kitchen is a chef’s dream, featuring a double oven, stainless steel appliances, gorgeous granite countertops, and a show-stopping stone backsplash. Enjoy your morning coffee in the cozy breakfast nook, overlooking a lovely flower bed. Downstairs, entertain with ease in the spacious dining room that flows into a large family room with a wood-burning fireplace and elegant crown molding. Head upstairs to find a relaxing primary suite with plush carpet, a spacious closet, and a private bath. Need extra space? You’ve got it! A second living area AND an upstairs laundry room make life a breeze. And those large secondary bedrooms with walk in closets provide so much space for the whole family! Step outside and unwind on the north-facing covered patio, the perfect shady spot for your favorite drink on those upcoming lazy summer nights. With a playground just around the corner, bus service to all zoned schools, and easy access to I-35, grocery stores & amazing local restaurants, this home offers the perfect blend of comfort and convenience. Don’t miss out—schedule your showing today!
Source: NTREIS #20818811
Financials
Source: Public records
Source: NTREIS #20818811
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.