16331 Port O Call St, Crosby, TX 77532
3 beds · 2 baths · 2,324 sqft sqft
This beautiful 3 (or 4) bedroom, 2 bathroom home is nestled on a spacious 13,000+ sq ft corner lot in the desirable Newport subdivision, offering amenities like a golf course and community pools. Inside, you'll find expansive living areas perfect for entertaining, along with a stunning kitchen featuring Corian countertops, cabinets with soft-close doors and drawers, a glass backsplash, and durable laminate flooring. The large living and dining rooms create an inviting atmosphere for gatherings. The bedrooms are generously sized, offering plenty of room for rest and relaxation, while the bonus room provides a versatile space that can be used as a home office, game room, or anything else you desire. Located in a family-friendly community with access to a range of outdoor and recreational activities, this home offers the perfect combination of space, style, and convenience. Don’t miss the opportunity to make it your own—schedule your showing today!
Source: HAR #82673523
Interest rate and monthly payment estimated based on public records.
Source: HAR #82673523
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: #82673523