700 Buffalo Springs Dr, Fort Worth, TX 76140
4 beds · 2 baths · sqft
This home comes equipped with energy-efficient solar panels, enhancing its budget-friendly appeal. Seller will be paying for the current balance of the solar panels at closing, so no extra, additional expense for you! This stunning 4-bedroom, 2-bath home, located on a desirable corner lot in the Mission Ridge Estates community, provides ample space and elegance for everyone. It features formal living and dining areas, with 10-foot ceilings in the living areas, kitchen, and master bedroom, creating an open and welcoming atmosphere. The open-kitchen-concept layout is perfect for entertaining, plus you’ll really enjoy the additional yard space with side yard full of potential outdoor options for the new owner. The spacious master suite is a true sanctuary, complete with an ensuite bathroom featuring a garden soaking tub, separate shower, dual sinks, and a large walk-in closet. Step outside to the covered back porch and enjoy the fully fenced backyard with lush grass, ideal for relaxation and gatherings. Split layout floorplan with the 3 additional bedrooms and hall bathroom, off on their own wing of the house. Plenty of space for everyone to have their own room. With convenient access to nearby schools, shopping centers, and parks, this property not only offers a beautiful living space but also a lifestyle of ease and convenience. Additional features of this home include a two-car garage, a cozy fireplace in the living room, and energy-efficient appliances throughout. The neighborhood is known for its friendly atmosphere and close-knit community, making it a wonderful place to settle down and create cherished memories. Don't miss the opportunity to make this dream home your reality—contact us today to learn more about how you can become the proud owner of this exceptional property. Qualified buyers may have access to discounted rate options and no lender fee for future refinancing. This home is a must-see; schedule your tour today! Act now -your perfect home awaits!
Source: NTREIS #20781158
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20781158
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: #20781158
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.