7305 Starwood Dr, Fort Worth, TX 76137
4 beds · 3 baths · 3,058 sqft
What a location! This wonderful home is just a quick drive to many shopping and dining options, as well as major freeways leading to Ft. Worth, Denton and DFW Airport. Highlights of this home start with the floor plan, offering an open concept design. Home boast entertaining layout, spacious living room, large kitchen with lots of cabinets. 4 bedrooms all with large walk in closets. Don't forget the huge game room. Sellers have invested over $60,000 of quality improvements to the home, such as 2023 roof, replacing HVAC system 2024, replacing all carpeted areas & new paint. Kitchen updates include new 2024 SS oven range & dishwasher plus 2024 installed granite countertops & tile backsplash. Full 2 car garage, epoxy flooring & insulated garage door. Tesla charger is a Level 2 Tesla charger that is hardwired to the breaker box. There is another wall spot next to the breaker box that is already hardwired for EV charger. This home is move-in ready. Make an appointment to see it today!
Source: NTREIS #20745026
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20745026
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: #20745026
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.