705 Glendale Dr, Anna, TX 75409
4 beds · 2 baths · 2,033 sqft
Stunning single-story gem located just steps from the playground, basketball court, and greenbelt in the highly sought-after West Crossing neighborhood, offering incredible HOA amenities. This home features 4 bedrooms, 2 baths, plus a private office with elegant French doors. The meticulously maintained yard and inviting interior boast high ceilings, wood-look tile throughout the living areas, and an open-concept design. The stylish kitchen is equipped with a gas range, stainless steel appliances, granite countertops, 42” cabinets, a breakfast bar, and a built-in cabinet niche with ample storage and counter space—all seamlessly flowing into the spacious family room, complete with a wood burning stone fireplace, gas starter, and cedar mantle. The owner’s retreat features an accent wall, a charming window seat, and an ensuite bath with dual sinks, a garden tub, and a glass-enclosed shower. Three generously sized secondary bedrooms share an updated bath with a tub. Step outside to a large backyard designed for relaxation and entertaining, featuring an extended patio with a stunning gabled wood patio cover adorned with Edison bulb lighting. Enjoy top-tier HOA amenities, including walking trails, a resort-style pool, and a clubhouse. Nearby Slayter Creek Park offers additional outdoor fun with walking trails, playgrounds, tennis and pickleball courts, a splash pad, frisbee golf, athletic fields, and a skatepark. Items to convey: Curtain Rods, Patio Shades & Edison Bulb Lights, Curtain hooks & shelf in owner's retreat, shelves in office.
Source: NTREIS #20881073
Financials
Source: NTREIS #20881073
Source: Public records
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%. 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.
Other resourcesWhat 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.