2026 Croftbank St, Forney, TX 75126
4 beds · 3 baths · 1,800 sqft
MOTIVATED SELLER! Stop Renting & Start Owning! Get into this home for less than rent deposits. FHA assumable loan for qualified buyers. Check with listing agent for more information. Secure your dream home with this meticulously maintained 4-bedroom, 3-bathroom Perry-built masterpiece in sought-after Devonshire. Enjoy soaring 10-foot ceilings that flood the home with natural light, creating a warm and inviting atmosphere. The spacious kitchen is a chef’s dream and features a gas cooktop. The kitchen has ample cabinetry for extra storage—ideal for both organization and entertaining. If you love BBQ, the home is equipped with a separate gas line for your outdoor grill. Residents of Devonshire benefit from exceptional community amenities, including multiple swimming pools, a dog park, scenic walking trails, and a variety of social clubs to suit every interest. Conveniently located near the Amazon Distribution Facility, shopping, restaurants, and major highways, this home offers both luxury and practicality in one of the area’s most beloved neighborhoods. Don't miss your opportunity to own this beautiful property.
Source: NTREIS #20847575
Financials
Source: NTREIS #20847575
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.