805 Rutherford Dr, Crowley, TX 76036
4 beds · 2 baths · 1,792 sqft
GORGEOUS HOME Welcome to this charming one-story home nestled in the heart of Crowley, TX. This home offers a cozy and inviting atmosphere with its open floor plan, perfect for both entertaining and everyday living. The spacious kitchen boasts granite countertops, ample cabinet space, and a breakfast bar, making it a chef's dream. Perfect to spread out for family dinners. The master suite is a true retreat, complete with a walk-in closet and a luxurious bathroom. With its convenient location and desirable features, this home is sure to check all the boxes on your wish list. The back yard is truly inviting with a new shed to store your yard and garden tools, a garden ready for your plants and of course the white rock trim around the outskirts of the property, keeping pesky critters from under the fence. OH.. and the FENCE is perfect, giving you all the privacy you need in this little hideaway. Make an appointment to see this today. Seller will include all appliances, including washer dryer, all shelving attached to walls and the security system and cameras. Everything must go! Great for first time homebuyers. Make an offer today. PRICE REDUCED BY $2500 3.26.25. SELLER OFFERS 2% TOWARDS BUYERS AGENT!
Source: NTREIS #20877642
Financials
Source: NTREIS #20877642
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.