7321 Angel Fire Dr, Plano, TX 75025
4 beds · 3 baths · 2,634 sqft sqft
Welcome home to this fully updated EAST facing home within walking distance to award winning Plano ISD. Step inside to a beautiful grand entrance with lots of natural light and soaring high ceilings. This home features a very functional floor plan with lots of space downstairs including a formal dining room and a large flex room that can be used as a study, 2nd living area or game room. The open concept kitchen features granite countertops, stainless steel appliances, gas cooktop, an island and a pantry. The kitchen flows nicely into the spacious living room that features a cozy fireplace with brick surround. This 4 bedroom home features a master bedroom with ensuite bath with double sinks, walk in shower and large garden tub plus 3 more spacious secondary bedrooms! Step outside to your amazing backyard oasis that features a large sparkling pool and spa and a covered sitting area. The spacious backyard is perfect for relaxation or watching the big game! A great location with easy access to major highways, shopping,dining and entertainment! Walk to Hoblitzelle Park for sports fields, running trails, tennis courts and playgrounds! Professional Video Tour also available upon request.
Source: NTREIS #20754076
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20754076
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #20754076