2423 Crestview Dr, Mckinney, TX 75071
3 beds · 2 baths · 1,792 sqft
This is more than just a home! Step into this adorable, updated 3-bedroom, 2-bathroom home, where comfort, convenience, and charm come together in perfect harmony. Inside, you'll fall in love with the spacious living room filled with natural light, creating a warm and welcoming space to relax or entertain. The kitchen and bathrooms have been tastefully updated, giving the home a fresh and modern feel while maintaining its cozy charm. Step out back to your own private oasis—complete with a pool. Plus, with a water softener system throughout the entire home, you'll enjoy soft water and added comfort every day. NO CARPET. NO HOA. BACKYARD DIVIDED TO 2 PARTS! MAKE SURE TO LOOK AT THE SECOND PART OF THE BACKYARD! The location couldn’t be better—grocery stores and popular retailers like Lowe’s, Target, Home Depot, Walmart, and Costco are all within a quick 2-5 minute drive. Plus, with all three schools—elementary, middle, and high school—within walking distance, this home is perfect for families. Nestled on a peaceful street, this home is just minutes away from major highways (75 & 380) and only 10 minutes to 121 and 75, making commuting a breeze! Enjoy the quaint charm of historical downtown, just 5 minutes away, for shopping, dining, and entertainment. This charming home, with its gorgeous pool and fantastic location, can be yours! Don’t miss out—schedule your showing today and make this lovely home your very own!
Source: NTREIS #20882126
Financials
Source: NTREIS #20882126
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.