9933 Moccasin Creek Ln, Mckinney, TX 75071
4 beds · 5 baths · 2,206 sqft sqft
Looking for your dream home? Prepare to fall in love with this stunning 4 bedroom 4 bath home that truly shows like a model and has everything you need! Nestled in the highly rated Prosper ISD, this home brings comfort and luxury together with its open layout and modern features. The kitchen has a open concept that is great for cooking and hosting with granite countertops, stainless steel appliances, gas range, breakfast bar, and stylish pendant lighting. The spacious master suite is alone downstairs with a separate shower, garden tub, dual sinks, and a linen closet – your personal retreat! This layout has 2 upstairs bedrooms that share a Jack-and-Jill bath, while a 4th bedroom has its own ensuite, ideal for a second master, game room, or home office. This home is energy efficient with 16 SEER heating & cooling, low-E dual pane windows, radiant barrier, full sprinkler system, and gutters. Also, this beautiful home has raised panel interior doors, tile, and a cozy family room with a wood burning fireplace. Enjoy the neighborhood amenities like the community pool just steps away! This home won’t last long contact me today to schedule your showing! *$5,000 in seller concessions at sale price*
Source: NTREIS #20767621
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20767621
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: #20767621
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.