2604 Shady Springs Ct, Pearland, TX 77584
3 beds · 3 baths · 1,872 sqft
Nestled on a serene cul-de-sac lot in Shadow Creek Ranch, this charming home offers a stunning brick and stone elevation with great curb appeal. The welcoming entry hall leads to a private study with French doors, ideal for a home office or library. The open-concept kitchen, dining, and living areas are designed for effortless entertaining and everyday living. The kitchen boasts granite countertops, stainless steel appliances, a walk-in pantry, and a breakfast bar, while the dining area flows seamlessly into the living room with its gas fireplace, soaring ceilings, and picturesque views of the backyard. The spacious primary suite is a true retreat, complete with an en-suite bath. Two additional bedrooms and a full bathroom provide ample space for family or guests. Plantation shutters offer elegance & privacy while the oversized garage has tons of cabinetry & additional storage area. The fenced backyard with a covered patio is perfect for relaxing or entertaining. Call Today!
Source: HAR #50952404
Source: HAR #50952404
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.