1905 Fresno Rd, Plano, TX 75074
4 beds · 2 baths · 2,250 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Discover a perfect blend of modern updates and timeless charm in this beautifully renovated home. Featuring exposed brick, wood beams, and elegant wainscoting in the living room, this property exudes warmth and character. The interior seamlessly combines classic design elements with contemporary convenience, creating a space that's both stylish and welcoming. The kitchen boasts quartz countertops, stainless steel appliances, new cabinetry, and ample storage space. Whether you're hosting a dinner party or enjoying a quiet meal, this kitchen is here to serve. The primary bedroom offers an ensuite complete with dual sinks, a walk-in shower, and private access to a sunroom. Natural light floods the sunroom through its skylights, making it the perfect spot to relax, read, or enjoy morning coffee. The home also features an open patio, ideal for outdoor gatherings and serene evenings under the stars. Situated in a prime location, this home is within walking distance to Oak Point Park and Nature Preserve, Bob Woodruff Park, and a dog park. Outdoor enthusiasts will love the proximity to Lavon Lake and Lake Ray Hubbard for fishing, boating, and other recreational activities. For shopping, dining, and entertainment, you’re just minutes away from Legacy West, The Star in Frisco, The Shops at Willow Bend, and Toyota Stadium. Plus, enjoy the convenience of Texas’ favorite grocery store, HEB. This home is the perfect blend of location, luxury, and lifestyle. Don’t miss the opportunity to make it yours! Seller finance is an option for this property!
Source: NTREIS #20817400
Source: NTREIS #20817400
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.