4813 Pinnacle Pl, Denison, TX 75021
3 beds · 2 baths · 1,509 sqft sqft
CUL-DE-SAC and NO HOA: Need I say more? Okay, this home boasts a spacious living room, ideal for family gatherings or entertaining guests. The kitchen stand out in this home. It comes equipped with modern cabinetry providing ample storage and workspace for all your culinary needs. Features matching appliances including a range-oven, microwave, garbage disposal, and dishwasher, ensuring that you have a fully functional and aesthetically pleasing space for cooking. It also features formica countertops, a dual kitchen sink, and a cozy breakfast nook. The home features a split bedroom layout, ensuring privacy and comfort. Each bedroom has large closets and extra storage space, ideal for an organized and clutter-free lifestyle. The primary suite is spacious and inviting, with dual sinks in the master bath, a luxurious walk-in shower, and a walk-in closet offering plenty of room for your wardrobe. Perfect for entertaining, the home boasts a huge private backyard complete with covered patio and charming gazebo, creating an ideal spot for outdoor gatherings or quiet relaxation. An efficient sprinkler system helps maintain the beautifully landscaped lawn. The home includes Low-E windows and a radiant barrier which will help reduce your energy consumption making the home more environmentally friendly and potentially lowering utility bills. Located in the sought-after Pinnacle Park Addition, this home is conveniently situated between Sherman and Denison, with easy access to hospitals, shopping, restaurants, and more. Experience the perfect blend of comfort, style, and convenience in this lovely home.
Source: NTREIS #20756658
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20756658
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: #20756658
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.