5322 Maisie Ln, Longview, TX 75604
4 beds · 2 baths · 1,697 sqft
Super cute, well-maintained 4 bedroom, 2 bath, brick home in the Cotton Valley Farms subdivision of Pine Tree ISD in Longview, TX. This stunner had a major face-lift in the last 3 years with all new exterior paint, new roof, new gutters, & new water heater! On the inside, take notice of all new stainless steel appliances , granite countertops, and accented bay windows in the eat in kitchen. This home is highlighted by a large entryway, a corner fireplace, living room wired for surround sound, high ceilings, recessed ceiling features, grouted in tile & wood-vinyl flooring, a large master bedroom on suite featuring jacuzzi tub, 2 sinks with ample counter space between them, and separate walk-in closets. The added 4th bedroom in the front would make a great home office space, craft room, man cave or guest room! The back yard of this property is a clean slate ready for you to put your personal touch on it & offers ample privacy as it is situated next to & in front of an empty wooded lot with wood privacy fencing. Not to mention the sprinkler system running throughout the front and back yards as well as in flower beds. This home is completed with not only plenty of driveway parking but also a 2 car garage, large attic storage with lighting, outdoor security light, doorbell camera and security keypad as well as stocked with vivint home security panel, indoor and outdoor cameras, and window and door sensors to help a busy and growing family keep up with package delivers, teenagers coming and going, and checking up on your pets while you are away. Did we mention the timer system for the sprinklers?!? What more could you ask for. Schedule your showing today and don’t miss out on this hidden gem tucked away in a friendly and safe community.
Source: NTREIS #20758848
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20758848
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: #20758848
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.