681 Harper Dr, Fate, TX 75087
4 beds · 2 baths · 2,153 sqft
Welcome Home to Harper in the highly desirable Woodcreek Community and Rockwall ISD Schools. Enter into this well maintained and recently refreshed home and you are immediately greeted by a large entry way with soaring ceilings. This floorplan feels much larger than 2100+sqft due to the high ceilings throughout. Formal Dining is close enough to the kitchen yet far enough away that it could be used for additional seating, playroom, office, and more! Entertain effortlessly with the open concept kitchen and living room. There is ample room for everyone and everything with an impressive kitchen loaded with large walk-in pantry, stunning cabinetry, generous counter space, eat in kitchen, large island, and SS appliances. The living room is spacious and anchored by a gas log fireplace. Featuring a split bedroom concept, you can escape away to your luxury primary suite with an oversized room, a wall of beautiful windows, and ensuite. Primary bath features dual vanities, jetted tub, separate shower, and WIC. Across the home you will find a wing with 3 bedrooms and 1 full bathroom. Secondary bathroom features two sinks and separate toilet and shower room. Each bedroom features tall ceilings, walk in closets, and neutral tones. A wonderful layout that allows for separation and flexibility! Woodcreek features the MOST amenities around with 3 community pools, multiple ponds and parks, walk and jogging trails that connect the entire neighborhood, dog park, and amazing proximity to everything that is Fate. Woodcreek is a master planned neighborhood about 30 miles outside of Dallas, TX that attends Rockwall ISD Schools. Elementary school is on site approx 1 mile away. Walking distance to growing Downtown Fate for all your shopping and eating needs! A few short minutes to Starbucks, more shopping and dining, and Fresh by Brookeshire's. Life here looks good!
Source: NTREIS #20882657
Send questions to support@withroam.com
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
Source: NTREIS #20882657
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. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
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 “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.
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 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.