8524 Gatlinburg Dr, Fort Worth, TX 76123
3 beds · 3 baths · 1,633 sqft
Modern & Stylish Fort Worth Gem with Solar Panels & Smart Security! Discover this beautifully updated Fort Worth home featuring a sleek, modern kitchen and master bathroom remodel designed for both style and functionality. The kitchen boasts custom cabinets, stunning Silestone quartz countertops, a matching island, stainless steel appliances, and a farmhouse sink, all complemented by fresh exterior paint. Upstairs, you’ll find all bedrooms, including a spacious master suite with backyard views, a walk-in closet, and a luxurious spa-like ensuite. The master bath features dual vanities and sinks, an extended walk-in shower with two rain shower heads, and elegant modern tilework. Step outside to your private backyard oasis, complete with a covered patio, above-ground pool, sandbox, and secure fencing—perfect for entertaining or relaxing. Plus, enjoy energy efficiency and security with included solar panels and a smart security system. Located in a desirable Fort Worth neighborhood, this home offers modern upgrades, comfort, and convenience—don’t miss your chance to make it yours! Schedule your showing today! Please note-there is a transferable home warranty with over two years left on the contract
Source: NTREIS #20877015
Financials
Source: Public records
Source: NTREIS #20877015
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.