1417 Stoneleigh Pl, Aubrey, TX 76227
4 beds · 3 baths · 3,032 sqft
Welcome to this gorgeous Bloomfield Homes Dewberry 2-floor plan with a 3-car garage in the highly sought-after community of Arrowbrooke. Wonderful curb appeal and an oversized homesite greet you on a quiet culdesac. An open and airy floor plan with grey wood-look tile flooring give this home the flow that you have been looking for. Work from home professionals will enjoy the naturally bright office complete with glass French doors. The heart of the home is the lovely dine-in kitchen featuring plentiful storage, granite counter space, a stainless steel appliance suite, gas cooking, double ovens, and a huge walk-in pantry! Kitchen island and bar are perfect for prep or a great place to visit while you cook! The dining space is glassed in and borders the kitchen. Entertainers will enjoy the main living space bordering both the kitchen and dining rooms. The living room centers around a beautiful warm fireplace coupled with full views of the huge backyard. Large secluded primary suite is bright and cheery. Primary bath with popular white cabinetry, a large soaking tub, and an oversized glass shower. Upstairs are 3 secondary bedrooms all with generous closets. The Game room upstairs is well-located and could be a second living room! Enjoy movie night in this quiet, secluded media room - the projector and movie screen stay with the home! Out back is a covered patio and a huge grassy backyard that's just begging for a pool. The patio has been extended for additional lounging space. Arrowbrooke has it all... community pools, gorgeous lakes, playgrounds, sports fields, hike bike trails, and Denton ISD schools. Solar panels are on a lease contract, assumable, and they help keep the cost of utilities low!
Source: NTREIS #20755061
Source: NTREIS #20755061
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: #20755061
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.