2019 Atlantic Ave, Anna, TX 75409
3 beds · 2 baths · sqft
Welcome to this beautiful home in 2021 in a tree-lined community with easy access to shops, highways, and restaurants! Enjoy this 3bed 2bath open-concept design where the kitchen flows seamlessly into the living area, both filled with abundant natural light from expansive windows offering stunning backyard and covered patio for year round enjoyment. The kitchen is a chef’s dream with built-in stainless steel appliances, quartz countertops, an island, walk-in pantry, and plenty of cabinets. The luxurious primary suite boasts an oversized shower, soaking tub, dual vanities, and a spacious walk-in closet. Secondary bedrooms are generously sized with a hall bath access. High ceilings, 8-ft doors, and luxury laminate flooring through the main areas. Outdoors, relax on the shaded, east-facing covered patio overlooking a large fenced backyard with serene tree views. The community offers jogging trails, a playground, and is just 5 minutes from the elementary school, plus quick access to Highway 75, shopping, and dining!
Source: NTREIS #20788262
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20788262
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: #20788262
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.