296 Ashwood Ln, Sunnyvale, TX 75182
4 beds · 4 baths · 3,182 sqft
Get a free consultation call with an expert in the mortgage assumption process.
A house that combines elegance, functionality, and comfort in perfect harmony. This dream home promises a lifestyle of luxury and ease for its occupants. As you approach the house, the first thing that captures your attention is the dramatic entry facade. This welcoming portal sets the tone for the rest of the home, hinting at the elegance that lies within. Stepping through the entrance, you will arrive at the formal dining space to your left and an office space with barn doors to your right. The formal dining area is marked by its sophisticated shiplap decorative wall, adding texture and warmth. As you step further into the home, you find yourself in a breathtaking two-story living area. The space is flooded with natural light, thanks to the striking palladium windows. The high ceilings enhance the feeling of spaciousness, making this an ideal spot for relaxation or social gatherings. The heart of the home, the kitchen, is nothing short of a culinary dream. It features a spacious island that serves as a hub for both cooking and casual dining, complete with a breakfast nook for morning meals and an additional covered outdoor space great for morning coffee. A butler's pantry or coffee bar add convenience, ensuring everything you need is within reach. The luxurious primary suite, located on the first floor, offers a serene retreat. It boasts a spacious bedroom area, complemented by a lavish en-suite bathroom that includes separate sinks, a shower, and a soaking tub. Outside, Three additional bedrooms, 2 full baths and secondary living space are located upstairs. The backyard oasis is a true highlight of the home. It features a stunning pool surrounded by lush landscaping, creating a resort-like environment. A covered area provides shade and comfort, making it ideal for outdoor dining or lounging. This space is perfect for enjoying sunny days with family and friends, adding another layer of luxury to this dream home.
Source: NTREIS #20872087
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.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: NTREIS #20872087
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.