2203 S Ferrisburg Ct, Sugar Land, TX 77478
3 beds · 2 baths · 1,737 sqft
Welcome to this stunning residence nestled on a peaceful cul-de-sac in Sugar Land. This charming home boasts a covered front porch, perfect for enjoying morning coffee or quiet reflection. Natural light accents the new flooring that runs throughout the home. The renovated kitchen, featuring exquisite quartz countertops, and new cabinetry, flows seamlessly into the living room and dining area. Enjoy a spacious formal dining room with room for an office nook. Discover spacious bedrooms and elegant bathrooms, offering comfort and style. The primary suite boasts space for a sitting area overlooking the backyard pool. It connects to a lovely bath with a dual sink vanity. Step outside to the expansive backyard complete with a sparkling pool, new decking for entertaining, and partial artificial turf for low-maintenance enjoyment. Additional updates include a new roof, fresh paint throughout, a new HVAC, and a security system ensuring comfort and efficiency. Call for a private tour today!
Source: HAR #87793761
All values shown are estimated costs / mo.
Source: Public records
Source: HAR #87793761
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.