4021 Oyster Creek Ct, Prosper, TX 75078
4 beds · 3 baths · 2,411 sqft
This meticulously maintained 4-bedroom, 2.5-bath gem is perfectly situated in a rapidly growing area near the newly expanding Dallas North Tollway, providing seamless access to top destinations. Enjoy being minutes away from the prestigious PGA Headquarters and the highly anticipated Universal Theme Park. Located in the sought-after Prosper ISD, and a brand-new HEB right down the street. Inside, you'll find spacious living areas, vaulted ceilings, balcony, and lots of natural light. Gourmet kitchen is fully equipped with granite countertops, white cabinets, gas cooktop, stainless steel appliances, tile backsplash, and pantry. Primary suite, designed with comfort and style in mind, offers spacious glass and tile shower, dual sinks and vanities, and large walk-in closet. Office could be used as 4th bedroom. Upper level is open to living room and features a game room including a pool table, 2 bedrooms, and bath. Step into the backyard oasis, complete with a covered patio perfect for entertaining and a relaxing hot tub for year-round enjoyment. Don’t miss this fantastic opportunity to own a home in one of North Texas' most vibrant areas! The Creeks of Legacy offers amenities like 2 community pools, playgrounds, parks, tennis courts, splash park, and so much more!
Source: NTREIS #20765092
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20765092
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: #20765092
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.