5833 Haney Dr, Watauga, TX 76148
3 beds · 2 baths · 1,120 sqft
BEAUTIFUL WATAUGA 3 BEDROOM, 2 BATH HOME located in Birdville ISD just minutes from Schools, Parks, Shopping, Restaurants, downtown Fort Worth and major HWYS! NEED THAT PERFECT INVESTMENT PROPERTY? LOOKING FOR YOUR FIRST HOME or DOWNSIZING? CHECK THIS ONE OUT! Great Eat-in Kitchen with slate tiled floors, granite like countertops, tiled backsplash, new pantry, painted crown topped cabinets with updated hardware, gas range, built-in dishwasher, microwave and stainless steel sink. Kitchen opens to both Dining and spacious Living with wood floors that extend down the hall and entry. Freshly neutral painted walls with updated plush carpet in Bedrooms. Both Bathrooms have pedestal sink vanities, primary Bedroom has separate shower and freshly tiled 2nd full bath has tub-shower combination with hall linen closet. Replaced two ceiling fans, front door keyless entry lock, light switches and socket covers. Wide covered front sitting Porch, open back patio and backyard French drain installed for drainage. Two car garage, handy storage building, sand box and large 6 foot stained fenced backyard with no Houses directly behind! This House was the big attraction during the Winter when it snowed, as the neighborhood Kids had a blast sledding down the backyard hill! So many fun memories! Time to start making your own. Schedule your showing today!!
Source: NTREIS #20882608
Financials
Source: Public records
Source: NTREIS #20882608
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.