2508 Matterhorn Ln, Flower Mound, TX 75022
4 beds · 5 baths · sqft
***HOLIDAY OPEN HOUSE SATURDAY DEC 21, 1-3 pm, with a hot cocoa bar, and a raffle to win a last minute personal gift wrapping session!***Experience elevated living in this beautifully updated 2-story home nestled in the heart of Flower Mound, complete with a spacious 3-car garage and an outdoor retreat designed for relaxation and entertaining. Step into an inviting layout brimming with thoughtful updates and stylish improvements. The chef’s kitchen, remodeled in December 2023, shines with sleek granite countertops, a striking backsplash, modern finishes, and a fresh, sophisticated color palette. Throughout the home, new lighting and ceiling fans enhance the hallways and bedrooms, while plantation shutters installed on most windows provide timeless elegance and privacy. The primary suite is a true sanctuary, featuring a custom accent wall, a spa-like bathroom with dual vanities, a jetted tub, a walk-in shower, and a spacious closet. Upstairs, enjoy endless entertainment options in the game room or high-tech media room with a projector, screen, and wet bar. The home’s updates extend to every corner, including the bathrooms refreshed in May 2024, a chic fireplace surround added in March 2024, and enhanced curb appeal with updated landscaping and curbing in both the front and backyard. Step outside to your own private resort! Take a dip in the sparkling saltwater pool, upgraded with a new pump and salt cell in June 2024, or relax to the soothing sound of the water feature. Grill up a feast on the built-in BBQ, then unwind on the expansive wood deck under the Texas sky. A storage shed adds convenience, and with a recently updated roof and gutters, this home truly has it all. Situated within the desirable Wellington community, enjoy exclusive access to top-notch amenities and a vibrant neighborhood atmosphere. This is more than just a house—it’s a home ready for its next chapter.
Source: NTREIS #20778361
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20778361
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: #20778361
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.