652 Coleman St, Aubrey, TX 76227
3 beds · 3 baths · 2,162 sqft
Get a free consultation call with an expert in the mortgage assumption process.
ASSUMABLE VA loan at 3.25% SELLER OFFERING $10,000 BUYER CONCESSIONS! Better than new and ready for you to call home! You'll feel warmly welcomed as you stroll through the beautiful courtyard with custom pergola leading to this bright, happy home! An ABUNDANCE of windows provides light and fresh breezes throughout this inviting, open floor plan that seamlessly connects the living, dining, and kitchen areas. The kitchen is a chef's delight, featuring upgraded appliances, gorgeous cabinets, and plenty of quartz and granite counter space for all your culinary adventures. Whether you're hosting a dinner party or enjoying a quiet night in, the open living dining space is sure to impress! Stunning hard wood floors flow throughout the common areas of this thoughtfully designed home. The bedrooms are all generously sized, providing a comfortable retreat at the end of the day. Each bathroom is tastefully designed, offering a touch of luxury with every detail. Upstairs you'll find a large second living or flex area, the third bedroom, and a third full bathroom. This ideal floor plan offers so much flexibility! Imagine summer barbeques, morning coffee, or creating your own garden oasis in the courtyard. The home is tucked away on a quiet street with a cul-de-sac at the back of the community. Relax with neighbors and friends at the neighborhood pool and enjoy one of 2 community dog parks. Located in a friendly enclave, this home offers the perfect blend of tranquility and convenience.
Source: NTREIS #20776660
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 #20776660
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 and Equal Opportunity Act.