919 Blewitt Dr, Cedar Hill, TX 75104
3 beds · 2 baths · 1,569 sqft sqft
NEW ROOF = HUGE SAVINGS FOR THE NEW HOME OWNER, NEW HVAC SYSTEM, HOME WARRANTY IN PLACE! Why continue to rent when you can OWN this beauty & CALL IT HOME SWEET HOME! PERFECT FOR THE FIRST TIME HOME BUYER! LOCATION IS KEY IN REAL ESTATE & here you're conveniently located & have quick access to the mall & tons of restaurants, also quick access to HWY 67! The owner took lot's of pride in caring for this home & it shows! Welcome your guest to a GREAT sized family room that's inviting and open to the kitchen! Freshly retouched with new paint beautiful new tile flooring, a bright & very open floor plan that you will absolutely LOVE!. The kitchen is where great memories will soon be made, you will enjoy preparing your family meals here! The kitchen offers beautiful cabinets, plenty of countertop space, breakfast room is open to the living room, kitchen also opens to the great sized dinning area making it an easy flow to entertain! Great size backyard! DOWN PAYMENT PROGRAMS AVAILABLE! COME SEE THIS HOME IN PERSON TO REALLY APPRECIATE IT!
Source: NTREIS #20766806
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20766806
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: #20766806
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.