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$399,900 SIGNIN

Sign in to see required down payment for the 4% rate

2700 Preston Crk, Mesquite, TX 75181

4 beds · 2 baths · 2,163 sqft

Step into the epitome of modern living with this beautifully reimagined 4-bedroom, 2-bathroom home, complete with a dedicated office space for today’s professionals. Located in the heart of Mesquite, this property boasts an array of modern upgrades designed to blend functionality with aesthetic appeal. Experience the elegance of new flooring throughout that complements the fresh, two-tone paint and designer-chosen fixtures. The kitchen is a culinary dream featuring newly refinished cabinets, sleek new stainless steel appliances, and stunning countertops, paired with a custom tile backsplash that adds a touch of sophistication. Each bathroom has been meticulously updated with designer tiles, creating a spa-like atmosphere that promises relaxation. Outdoors, enjoy the newly re-plastered pool, ideal for Texas summers, surrounded by low-maintenance landscaping that ensures your exterior is as impressive as the interior. 2700 Preston Creek is more than just a home—it's a lifestyle waiting for you to begin. Brandon will be your main point of contact.

Estimated
Seller's interest rate
4%
7%
Estimated
Monthly payment

$1,790
$2,181
You may also save up to $115,551 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,181 monthly payment

Financed
SIGNIN
Location
Use two fingers to move the map
Loan details
Loan type
FHA
Rate
4%
Remaining term
24 yrs and 7 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$1,790
Principal & interest
$1,171
Mortgage insurance
$173
Property taxes
$100
Home insurance
$343
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
2,163 sqft
Lot size
0.138 acres
Year built
1995
Type
Single Family Residence
HOA dues
$0.00

Source: NTREIS #20843862

Qualify

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.

Resources
Frequently asked questions

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.

View all FAQs
Last updated: Apr 18, 2025 12:39 am
Listing agent: Wes Houx
Contact listing agent
Listing provided courtesy of: eXp Realty LLC (888) 519-7431
Details provided by NTREIS and may not match the public record.
MLS ID: #20843862
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
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