19018 Logan Star Ct, Richmond, TX 77407
3 beds · 2 baths · 1,965 sqft
Welcome to 19018 Logan Star Ct. Prepare to fall in love with this fantastic 3 bedroom, 2 baths 1-story David Weekley home situated on an oversized corner lot in a quiet neighborhood. This home boasts and open floorplan with a formal dining room that features beautiful hardwoods, a living area with large windows that welcome ample natural light, and a well-appointed kitchen with and island, tiled backsplash and a breakfast room. All three bedrooms are generously sized, including the primary bedroom with ensuite bath that offers dual sinks, a soaking tub and a separate walk-in shower. Bonus/Flex space in the home would make a great office, playroom or game room. This energy efficient home includes a large and private backyard space with a covered patio and lots of room for enjoying the outdoors. Zoned to Fort Bend ISD schools and super easy access to the Westpark, Grand Parkway and Energy Corridor. Don't miss the opportunity to make this great house your home!
Source: HAR #49939053
Interest rate and monthly payment estimated based on public records.
Source: HAR #49939053
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: #49939053
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.