310 Hawthorn Dr, Nevada, TX 75173
4 beds · 3 baths · sqft
Welcome to this beautifully maintained Bloomfield home, offering a perfect blend of comfort, space, and functionality. Located in a desirable neighborhood, this property is in excellent condition and boasts generous living areas, ideal for both everyday living and entertaining. The additional living rooms provide ample space for relaxation and gatherings, making it easy to create the perfect setting for family and friends. Enjoy the outdoors with plenty of room to garden and personalize your backyard. Whether you're looking to cultivate a garden or simply enjoy the open space, the large yard provides endless possibilities. The home also features a spacious 3-car garage, offering plenty of room for vehicles, storage, or a workshop. With its thoughtful layout and attention to detail, this Bloomfield gem is the perfect place to call home. Don’t miss out on the opportunity to own this stunning property – schedule a tour today! *Gardening beds were removed in back yard and new sod was placed.*
Source: NTREIS #20814953
Financials
Source: NTREIS #20814953
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.