8724 S Monticello Cir, Granbury, TX 76049
3 beds · 3 baths · 1,922 sqft sqft
Back on market, clean inspection, Buyer got cold feet. Welcome home to this Pecan Plantation cutie full of 80's charm! Convenient to neighborhood grocery store, rec center and large pool. High vaulted ceilings in open living & dining room welcome you in with luxury vinyl plank flooring, plantation shutters and wood burning fireplace. Spacious kitchen overlooking gorgeous backyard makes cooking and entertaining a dream! Large split bedrooms allow for lots of privacy and flexibility of room use. Enjoy the loft area with half bath as a 2nd living, office or studio space. You're going to love the safety and security here along with all the community features and events with your choice of two pools, two golf courses, two landing strips, beaches, campground, clubhouse dinners, shows, craft lessons and street dances. Refrigerator conveys. New Roof Spring 2024. New HVAC Fall 2023. Buyer pays at closing PPOA Membership initiation fee of $4175 and Transfer fee of $1109.13.
Source: NTREIS #20684415
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20684415
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #20684415