1620 White Mountain Way, Princeton, TX 75407
3 beds · 2 baths · 1,619 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Beautifully maintained, one-owner home built in 2018. Located in a highly sought-after and quaint neighborhood within the desirable Princeton school district. This open-concept 3-bedroom, 2-bath home offers an open layout, perfect for both everyday living and entertaining. The spacious primary suite features a generous walk-in closet, providing plenty of room and storage and new roof installed (March 2025). Step outside to enjoy a covered patio, ideal for relaxing or hosting outdoor gatherings. Nestled in a family friendly community, this home is situated in one of the fastest growing suburbs in DFW, offering the perfect balance of small-town charm with easy access to the growth and modern development of the North Dallas corridor. Don't miss this opportunity to make this home your very own! Seller has an assumable VA Loan with a 3.25% interest rate, great opportunity to assume a low interest rate!!
Source: NTREIS #20847876
Source: NTREIS #20847876
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.