2608 High Oak Dr, Arlington, TX 76012
4 beds · 3 baths · 2,264 sqft
Gorgeous remodeled ranch-style home in a highly sought-after neighborhood! Homes here sell fast, thanks to tree-lined streets and custom charm. Enjoy the peaceful front porch, then step inside to impressive wood floors and a soaring vaulted ceiling with beautiful wood planks. Entertaining is easy in the open and spacious living and dining areas. The beautifully remodeled modern kitchen is ideal for gatherings and is complete with gas stove, SS appliances, and granite counters. Bonus space off the living area is perfect for pets or toys, plus you have a private office that looks out to the front of the home. Large secondary bedrooms and a luxurious secondary bath with dual sinks and a grotto-style shower await. The primary suite features a spa-like bathroom with dual sinks, a jetted tub, and a spacious walk-in closet. Recent upgrades include energy-efficient windows (2022), HVAC, and attic restoration with added insulation. There's plenty of gated parking for not just your cars, but also for any toys such as a boat or RV. The garage features abundant cabinetry to meet all your storage needs. The backyard, which backs up to High Oak Park, has a covered deck that's ideal for summer fun. The covered carport doubles as a Barn Bar for adult time! Close proximity to Dallas and FTW and only minutes to the stadiums.
Source: NTREIS #20753722
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20753722
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: #20753722
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.