2132 Tumblegrass Rd, Frisco, TX 75033
4 beds · 4 baths · 3,454 sqft
Well maintained and stunning! This thoughtfully designed 4bed4bath home features a desired floor plan with two bedrooms conveniently situated on the main level and two additional bedrooms upstairs, accommodating multi-generational living and providing comfort for guests. The expansive two-story living room flows seamlessly into the kitchen and dining area, creating an ideal environment for both entertaining and daily living. In addition to its stunning interior, the property boasts an oversized three-car garage, a spacious game room, a media room perfect for movie nights, and a dedicated office space tailored for remote work needs. Located directly across from the community's amenity center, residents enjoy immediate access to top-tier recreational activities and are within walking distance of three highly-rated district schools. The backyard is low-maintenance with plenty of patio space for a grill, patio dining and more plus enjoy additional grass space for pets or family games. The world-class PGA Frisco Golf Course, stunning OMNI PGA and New PGA District are just 2 minutes away, offering a premier golfing experience, dining, ice cream, gift shops and more. The Ronny Golf Park features state-of-the-art facilities for training and putting, along with various family-friendly activities. This home provides an unparalleled lifestyle for all ages. The Hollyhock community is renowned for its vibrant, close-knit atmosphere, complete with abundant green spaces, parks, and on-site amenities. Don’t miss the opportunity to own this remarkable property in an exceptional neighborhood!
Source: NTREIS #20777871
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20777871
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: #20777871
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.