2705 Yorkshire Dr, Sherman, TX 75092
3 beds · 2 baths · 2,240 sqft

Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 2705 Yorkshire, located in the charming and established west side of Sherman, TX. This updated home offers designer features and rests on interior lot in an established and sought after neighborhood. The open living area gives a modern and stylish vibe. The eat-in kitchen features beautiful counter tops and two-tone cabinets with a warm finish. There is a separate formal dining room and 2nd living room. The primary suite is comfortable with a welcoming attached bath and a large walk-in closet. The secondary bedrooms are sizeable and share a bath with a built-in desk in the hall. The two-car carport off the front of this home is well constructed & includes side entry going into the mudroom. The over-sized back yard features a wood deck to enjoy your evenings. This home is move-in ready with ample updates, close to hwy 75, nearby schools, and shopping. Schedule your viewing today!
Source: NTREIS #20671300
Source: NTREIS #20671300
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.
