524 Cashmere Dr, Garland, TX 75041
5 beds · 3 baths · 2,783 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to your own private retreat! Situated on a generous corner lot spanning over one-third of an acre, this expansive single-story home offers endless potential and charm. From the moment you arrive, you’ll appreciate the wide footprint and the inviting curb appeal of this rare find. Step inside to discover a spacious layout perfect for both everyday living and entertaining. Multiple versatile living areas flow effortlessly throughout, providing flexibility for gatherings of all sizes. The real showstopper? The backyard, a true outdoor oasis. The beautifully designed backyard features a sparkling swimming pool surrounded by expansive decking, multiple lounging areas, and a cabana—perfect for hosting or relaxing in style. Tucked behind secure rolling gates, there's also an oversized private parking area with ample room for vehicles, recreational toys, or even a boat! This well loved home is being sold as-is, presenting a fantastic opportunity to make it your own with updates that suit your style and needs. With tons of square footage, an unbeatable lot size, and a sparkling pool just before summer, the possibilities are endless!
Source: NTREIS #20898805
Source: NTREIS #20898805
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.