2904 Buttonbush Dr, Royse City, TX 75189
4 beds · 2 baths · 1,830 sqft
Seller is offering a 2-1 buydown in the amount of $8,100 for the buyer to use to buy down their interest rate. This remarkable 4-bedroom, 2-bath home combines style with functionality. Enter through a welcoming foyer into a spacious kitchen outfitted with ample cabinetry, plenty of counter space, a walk-in pantry, and an impressive island with breakfast bar seating, perfect for casual meals. The open-concept design flows seamlessly into the dining and living areas, creating an ideal space for entertaining. Designed with privacy in mind, the home’s layout features a three-way bedroom split, with the primary suite nestled at the back of the home. This primary retreat boasts a spacious bath with a walk-in shower, a sizable closet, and a dedicated makeup area with a lighted mirror. Throughout the home, custom finishes, including light gray walls, black doors, and accent walls, add a touch of modern sophistication. Outside you will enjoy a covered patio, fenced yard, and beautifully landscaped grounds—ideal for relaxation or outdoor gatherings. Discover the beauty and convenience of this exceptional home. Easy access to highway and shopping. Check out our property video tour to see all the details firsthand!
Source: NTREIS #20775397
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20775397
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: #20775397
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.