7625 Faught Rd, Argyle, TX 76226
4 beds · 5 baths · 3,872 sqft
The search for your perfect forever home is over!! Do not miss this gorgeous one and a half story, former model home on an acre in award winning Argyle ISD!! This property has everything you are looking for, featuring an amazing circle driveway leading to a nice front porch and entryway, a light and bright open floor plan, gorgeous wood flooring throughout the home, upgraded features, including top of the line kitchen appliances and the backyard of your dreams!! Natural light floods this beautiful home from multiple walls of large windows, making the spacious and open floor plan ideal for everyone! The large kitchen with oversized California island flows smoothly into the living area with floor to ceiling stone gas fireplace, making this home perfect for all your entertaining needs. The primary suite with enormous primary bathroom and extra large walk-in closet is the perfect private sanctuary. The secondary bedrooms with Jack and Jill bathroom are split from the primary, giving you utmost privacy. Second primary bedroom currently serves as an in law suite, including a large ensuite bathroom! Upstairs is a great place to play in the large gameroom with half bath and tons of storage! The enormous backyard with covered patio, salt-water pool and spa, built in outdoor kitchen, multiple seating areas with a stone fire pit and THE.BEST Texas sunsets make your backyard the perfect year-round retreat! The extra space in the detached shed is the perfect size for all your storage needs, leaving space in the huge three car garage with epoxy flooring and storm shelter. Situated in the serene neighborhood of Creek Meadows, this property offers a peaceful environment while being conveniently located near amenities, including 35W, shopping, dining and more!
Source: NTREIS #20840493
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: NTREIS #20840493
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 of Equal Opportunity Act.