7825 Cupp Ct, Fort Worth, TX 76126
3 beds · 3 baths · 2,340 sqft
Price Improvement! Here’s the story-book farmhouse you pictured in your dreams! Situated on a culdesac, this custom-built home will captivate you! Share a cup of cocoa with your neighbors on the sprawling front porch, accented by Spanish-inspired doors. The farmhouse vibe is seamlessly woven throughout. Entering, you are embraced in a luxurious great room in dove gray with ceramic tile floors, soaring ceilings dramatized with rustic rafters, whimsical fixtures, powerful ceiling fan, and electric fireplace for a cozy mood. Plantation shutters throughout! The open floor plan invites easy mingling for gatherings. White kitchen with island sparkles with stainless-steel appliances, quartz countertops, self-closing drawers with lazy Susan and walk-in pantry. Darling guest bathroom for convenience. On one wing, two bedrooms share full bath. On the other wing, is the sunny main bedroom with super-size walk-in closet & a door leading to a porch overlooking a sprawling backyard with lush, velvety green grass and fully enclosed by a new wooden fence. You’ll emerge clean-as-a-whistle from that ginormous shower! The charming standalone tub is reminiscent of a bygone era. Deluxe laundry room with sink and counter space. Spacious 2-car garage and water filtration system complete the picture. Located close to popular hibachi and smash burger spots, and just a short drive to Benbrook, where you’ll find even more dining options, Walmart, coffee shops, and Benbrook Lake!
Source: NTREIS #20764182
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20764182
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: #20764182
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.