5100 Swisher Rd, Denton, TX 76208
5 beds · 3 baths · 3,500 sqft
This beautifully designed custom home offers a blend of elegance and comfort on a serene .56-acre lot bordered by mature trees. A private circle drive leads to an inviting L-shaped front porch with custom double doors, welcoming you into a spacious foyer with soaring 12-ft ceilings, custom milled moldings, and extra-wide arched transitions that enhance the airy, open layout. Inside, travertine and hardwood floors grace the main living areas, while new carpet adds warmth to the bedrooms. Custom wood plantation shutters and blinds offer a blend of privacy and natural light. The open-concept kitchen includes a beverage center with a mini-fridge, pullout wine racks, a walk-in pantry, 44-inch cabinets, and GE Profile appliances. The great room stands out with its stone hearth, oak mantel, and auto-start gas fireplace, all under a soaring 12-ft ceiling. The primary bedroom features a cozy sitting area and a luxurious ensuite bathroom with a private commode, bidet, and a spacious shower featuring heavy glass doors, rain showerhead, targeted spray heads, built-in benches, and safety hold-bars. A walk-in closet with built-in drawers and shelving completes the suite. Two guest rooms with walk-in closets plus two additional bedrooms, one currently set up as an office, offer flexible living options. The mudroom is equipped with built-in shelving, a bench, and a large coat closet and flows into a utility room with ample counter space, cabinets, and a sink. Solid wood doors are featured throughout, with exterior doors fitted with internal mini-blinds and screen doors. The oversized garage includes an 80-gallon water heater. Outside, an expansive wood deck with a brick hearth and wood-burning fireplace creates a perfect space for entertaining. Additionally, a full-size stairway leads to a well-lit, 700 sq. ft. floored attic, ideal for storage. This home combines style, functionality, and privacy in a beautiful, natural setting.
Source: NTREIS #20761676
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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
Source: NTREIS #20761676
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. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
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.
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 “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.
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 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.