5505 Glenscape Cir, Plano, TX 75094
6 beds · 4 baths · 4,057 sqft
Prepare to be captivated by this stunning residence, where meticulous design and premium upgrades converge to create an unparalleled living experience. Situated on a premium lot in Heritage Ridge Estates and boasting a striking white brick and stone exterior with a premium elevation, this home radiates curb appeal and sophistication. Step inside and discover over $190,000 in structural and design upgrades, evident in every detail. The expansive first and second floors, including the primary suite, are graced with hardwood flooring, complemented by elegant hardwood stairs and designer chandeliers throughout. The formal dining area features an accent wood-paneled wall that adds a touch of modern elegance. The heart of the home is a chef’s dream, featuring a built-in hutch, butler pantry, pull-out drawers, and dedicated pot and pan drawers, ensuring seamless organization. The living area showcases a tile-to-ceiling fireplace creating a warm and inviting atmosphere. Roller shade window treatments provide privacy and light control. Retreat to the luxurious primary suite, complete with a double shower and jetted tub. Entertainment is paramount, with a dedicated movie room featuring a 5.3 surround sound system. The flex space and a children’s retreat, with an enclosed door, offer versatile living options. Enjoy seamless indoor-outdoor living with a covered patio featuring brick columns, perfect for entertaining or relaxing. The 3-car garage is equipped with a EV charger for modern convenience. The exterior of the home has also been updated with trim accent lighting. Zoned to Plano ISD! Don't miss the opportunity to make this exceptional home yours!
Source: NTREIS #20868353
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 #20868353
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 of Equal Opportunity Act.