1600 Brook Grove Dr, Euless, TX 76039
3 beds · 3 baths · 1,689 sqft sqft
Wonderful Opportunity! This lovely 3-bedroom, 2.5-bath END UNIT townhome offers a blend of modern comfort and convenience. First floor features an open floor plan with half bath. The kitchen offers a gas range, granite CTPS, coffee bar, and a large island breakfast bar. Enjoy the built-in desk and easy access to the covered patio. Upstairs is the large master retreat with a spacious walk-in closet and an ensuite bathroom with a double sink vanity and shower. Two additional bedrooms, a full bath, and a laundry room are also located upstairs for added convenience. This townhome is located just down the street from Little Bear Creek Park, featuring a dog park and 5 miles of trails for jogging, biking, nature watching, and a lake for fishing. Excellent Location with easy access to major roads 121, 114, 360, and 183, just a few minutes to DFW Airport! Refrigerator, washer & dryer, and TV mount in the family room will remain with property.
Source: NTREIS #20729010
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20729010
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #20729010