5010 Huffines Blvd, Royse City, TX 75189
4 beds · 3 baths · 3,257 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this stunning, nearly-new home, offering the perfect blend of style, space, and functionality located in Waterscape. Step through the grand rotunda foyer and into a bright, airy layout anchored by a cozy fireplace- the perfect spot for relaxing evenings. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting atmosphere for both everyday living and special gatherings. With 4 spacious bedrooms, 3 full bathrooms, and a 2.5 car garage, this beautifully designed property is ideal for families and entertainers. The gourmet kitchen includes a gas cooktop, quartz countertops, and a large island with a breakfast bar. The lower level features a private study, which could be used as a 5th bedroom, the primary suite, and 2 secondary bedrooms. The oversized owners retreat offers a sitting area and a private bath with a separate tub and shower. Enjoy endless entertainment on the upper level with a dedicated game room and media room- offering space for movie nights, gaming, or hosting guests. The media room boasts an 85 inch TV, wall mounted speakers, and has a 5 GB port- perfect for gamers! Retreat to the large, private backyard, ideal for outdoor dining on the covered back porch with a gas stub for your grill! The neighborhood amenities include a community pool, event center, playground, dog park, fishing ponds, sand volleyball, a hammock park, and biking-walking trails. The new school, Paula Walker Elementary, opened last Fall, and is just moments away! Don't miss your chance to own this exceptional property- call to schedule a showing today.
Source: NTREIS #20894037
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: NTREIS #20894037
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 and Equal Opportunity Act.