3340 Flatiron Dr, Royse City, TX 75189
4 beds · 3 baths · 2,642 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This charming 4-bedroom, 2.5-bath home offers a perfect blend of style, comfort, and modern living. Boasting a spacious upstairs game room that can be easily transformed into a media room or play area, this home is designed for flexibility and convenience. The light, bright interior is enhanced by luxurious vinyl flooring, creating an inviting atmosphere throughout. The well-appointed kitchen, open living area, and generous bedrooms offer ample space for both relaxation and entertainment. The private primary suite features an en-suite bath, creating your own tranquil retreat. With energy-efficient features throughout, this home is both eco-friendly and cost-effective. Enjoy mornings and evenings on the charming front porch, a perfect spot for unwinding and soaking in the neighborhood's serene ambiance. Located just off I-30 in Rockwall County, you're conveniently close to everything, including top-rated Royse City schools. Community Amenities include green spaces, a neighborhood pool with a cabana, a playground, and a pond with a fishing pier.
Source: NTREIS #20835782
Source: NTREIS #20835782
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 and Equal Opportunity Act.