737 Mill Pond Dr, Midlothian, TX 76065
4 beds · 3 baths · 2,894 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to your dream home in the highly sought-after Meadows of Longbranch neighborhood! This stunning two-story residence offers spacious, stylish living with a layout perfect for both everyday comfort and entertaining! Step inside to find a grand Master Suite on the main level, complete with generous space and privacy. The main floor also includes a dedicated home office with french doors, a warm and inviting living room and a beautifully appointed kitchen featuring granite countertops, stainless steel appliances, island and a cozy dining area - all part of an open-concept layout. Large windows fill the home with natural light and provides serene views on the backyard. Upstairs, you will discover 3 additional bedrooms, full bathroom, expansive loft that opens to a private balcony offering a perfect place to relax. Enjoy your favorite movies in your very own media room. Out back, enjoy your own private fully fenced yard with an extended patio and covered pergola. Fire pit remains. Updates since 2021 include roof, stove, microwave, hot water heater, carpet, paint & more! This home truly has it all, space, style and comfort in a beautiful community setting. Don't miss your chance to make it yours!
Source: NTREIS #20896360
Source: NTREIS #20896360
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.
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.
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.
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.
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 and Equal Opportunity Act.