3752 San Gabriel Ave, Frisco, TX 75033
3 beds · 3 baths · 2,941 sqft
Welcome to the prestigious, gated community of Newman Village! This stunning English Tudor-style home offers unparalleled charm and luxury with a captivating covered porch and extensive hand-scraped hardwood floors throughout. The thoughtfully designed gourmet kitchen features a large island, premium Viking appliances, a 4-burner gas cooktop, and opens seamlessly to the great room adorned with gorgeous beams and a cozy fireplace. Breakfast nook equipped with a custom-built hutch and butler’s pantry for added convenience. This home’s unique secondary bedrooms boast spacious walk-in closets and beautifully designed ensuite baths with high-end custom finishes. The formal dining room has been impeccably converted into a media room, complete with French doors. Private study also offers French door access to the patio, creating an ideal workspace or retreat. The owner's suite is a true retreat, with a spa-like master bath that includes direct access to the utility room for ultimate convenience. Upgraded with a premium air filtration system integrated into the central heat and AC system, this home offers exceptional comfort and healthier air quality. Experience the perfect blend of luxury and practicality in this one-of-a-kind property! The community includes Pickleball courts, community pool, green space, playgrounds and much much more. Come join this thriving community!
Source: NTREIS #20864955
All values shown are estimated costs / mo.
Source: Public records
Source: NTREIS #20864955
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.