4313 Glistening Spgs, Rowlett, TX 75088
3 beds · 2 baths · 2,116 sqft
Imagine finding your dream home in a secure gated community, a true sanctuary that inspires peace of mind. This incredible property is a rare gem for discerning homeowners, offering the perfect blend of comfort, functionality and sophistication. The open floor plan is a masterpiece featuring 3 spacious bedrooms, 2 modern bathrooms, and a sleek luxury vinyl plank flooring throughout the house that invites you to live life to the fullest. And the ceiling fans in all the rooms are the icing on the cake, providing refreshing breeze that uplifts the spirit. Additional highlights include a 2-car garage, carport and generous driveway parking for all your vehicles, plus convenient RV parking and shed storage for all your extra belongings. But the true show stopper is the backyard oasis, complete with a picturesque pergola, inviting pool and relaxing spa - a haven that nourishes both body and soul. And with it's prime location near President George Bush Freeway, I-30 Freeway, Lake Ray Hubbard, and variety of restaurants, shopping and entertainment options, this property is a truly a dream come true. So, if you are looking for a home that exceeds your expectations, this is the one.
Source: NTREIS #20881494
Financials
Source: NTREIS #20881494
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.