2001 Fleming Dr, Mckinney, TX 75072
4 beds · 4 baths · 3,468 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Nestled in the highly desirable Hidden Creek neighborhood in the heart of Mckinney, this spacious 4 bedroom, 3.5 bath home with a 3-car garage, office, and game room offers the perfect blend of comfort and luxury. Don’t miss out on this private, oversized backyard with new, stained fencing and relaxing tree views. Throughout the home high ceilings, crown molding, and tall windows flood the spaces with natural light, creating an airy and inviting atmosphere. Right off the entry you will find the updated wood grand staircase, an office featuring french doors, and a dining room which can also be used as a flex space. The living room features a cozy fireplace and is open to the kitchen which features granite countertops and a large island- perfect for entertaining. The downstairs master is tucked away and highlights wood floors, an en-suite bathroom with double vanities, a large garden tub, separate shower, and a walk-in closet. Upstairs you will find 3 generously-sized additional bedrooms, 2 full bathrooms, and a game room which could also be used as a play room or media space. Many updates include all new carpet and paint throughout the home, lighting fixtures in all bathrooms, modern ceiling fans, many windows replaced with storm windows and added plantation shutters, new dishwasher (2024), siding replaced (2020), as well as HVACs and roof both replaced in the last 6 years. Window screens across the back of the home and new radiant barrier and garage insulation provide comfort to the interior throughout the day and reduced energy bills. The Hidden Creek neighborhood offers wonderful amenities, including the newly added pickle ball court, basketball, sand volleyball, a catch-and-release fishing pond, walking and jogging trails, as well as a community pool. Don’t miss your opportunity to own this amazing home in one of McKinney’s most desirable areas, close to top-rated schools, major highways, shopping, dining, and entertainment!
Source: NTREIS #20892336
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: NTREIS #20892336
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 of Equal Opportunity Act.