2305 Cherry Blossom Ln, Bedford, TX 76021
3 beds · 2 baths · 1,876 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Multiple offers received, H&B due by 9 pm on April 29. From the moment you pull up, you'll appreciate the manicured lawn, fresh landscaping, and charming facade with custom shutters and a bright pop of color at the front door. Step inside, and the updates continue. The open-concept kitchen shines with granite countertops, stainless steel appliances (2021), and a built-in spice rack tucked inside the cabinets — a thoughtful touch that makes everyday living a little easier. Big-ticket upgrades have already been taken care of for you. Enjoy peace of mind with all-new plumbing, a new electrical panel (2023), and beautiful energy-efficient windows (2020) that flood the home with natural light. The HVAC system and water heater were replaced in 2019, and the full irrigation system keeps the lawn looking lush with minimal effort. Inside, you'll find recessed lighting, a cozy fireplace (recently swept), and generous storage throughout. Step outside to your private retreat — a screened-in porch (added in 2020) with ceiling fans, a stone patio, a new storage shed, and string lights that create the perfect backdrop for outdoor gatherings. Plus, a nearly $6,000 camera system is already installed for extra security and peace of mind. Even the garage has been upgraded with epoxy floors, a new garage door and opener, and two built-in storage shelves. TVs are excluded, but the mounts will stay for your convenience. Located in the established Whisperwood Addition, with no HOA and zoned to highly-rated Hurst-Euless-Bedford ISD schools, this home offers easy access to parks, shopping, and everything you love about Bedford. If you're looking for a home that's move-in ready, thoughtfully updated, and full of character, 2305 Cherry Blossom Lane is ready to welcome you home. This wonderfully loved home won’t last long!
Source: NTREIS #20916156
All values shown are estimated costs / mo.
Source: Public records
Source: NTREIS #20916156
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 and Equal Opportunity Act.