1523 Green Meadows Way, Wylie, TX 75098
3 beds · 2 baths · 2,270 sqft
Welcome to this stunning home built in 2021, located in one of Wylie, Texas’s most desirable communities! This well-maintained property features three bedrooms and two bathrooms, offering an inviting open-concept layout that seamlessly connects the living area and kitchen—perfect for entertaining and accommodating large gatherings. Additionally, the spacious design includes a large OFFICE, ideal for remote work or creative endeavors. The front elevation boasts charming curb appeal, and the house faces an open area, providing serene, unobstructed views. The generously sized backyard is perfect for outdoor activities or future landscaping projects. A rare find, this home also includes a sought-after three-car garage for ample storage space and parking. With modern finishes, a thoughtful layout, and a fantastic location, this property embodies the best of comfortable and stylish Texas living. The Bozeman Farm community, on the other hand, offers an ideal blend of relaxation and recreation, featuring a range of amenities to suit every lifestyle. Residents can enjoy access to inviting community pools, well-maintained walking trails, stocked fishing areas, playgrounds, and picnic spots. Don’t miss your chance to make this beautiful home your own!
Source: NTREIS #20776684
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20776684
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: #20776684