1424 14th St, Argyle, TX 76226
5 beds · 4 baths · 3,830 sqft
Welcome to this beautiful 5 bedroom, 4 bath home with over $22K in upgrades, built by Highland Homes. The primary bedroom is located on the first floor with a spa-like ensuite bathroom and an oversized primary closet with built in dressers and access to the laundry room for ease. The spacious designer kitchen features a custom, 10-foot island, polished hardware and overlooks the family room while also providing access to the expanded, covered porch and outdoor space. An added luxury is the large, secondary pantry near the laundry room. Upstairs you will find three, designer themed bedrooms, two full bathrooms, a media room, loft and secondary nook that features the perfect place for homework and hangout time. This home's location features the best of community, connection and convenience with the elementary school being a 5-minute walk while HOA amenities are a short bike ride away. Don't miss the new chick-fil-a upon entry to the community and in the future, be on the lookout for the highly anticipated Tom Thumb grocery store and HEB just down the way at Robson Ranch and I35. This property has it all from location to looks. Welcome Home!
Source: NTREIS #20870588
Financials
Source: NTREIS #20870588
Source: Public records
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%. 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.
Other resourcesWhat 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.