9939 Clear Diamond Dr, Rosharon, TX 77583
5 beds · 4 baths · 4,173 sqft sqft
Rare opportunity to own the most gorgeous home in the sought after GATED community of Sterling Lakes! This beautiful 5 bedroom, 3.5 bath home has been meticulously maintained and sits on an oversized cul de sac lot with no back neighbors! This home has it all and features a HUGE backyard, a covered patio, an open concept kitchen/breakfast/living space, a formal dining as well as a formal living/office space, a media room, a game room, great sized bedrooms, a grand staircase and so much more! The breathtaking primary bedroom is downstairs and features a nook that could easily be an office/sitting room as well as an updated bathroom and walk in closet. The kitchen has tons of counter and cabinet space and is prefect for entertaining! Sitting just seconds from 288 and providing easy access to Downtown Houston, The Medical Center and tons of restaurants and shops! Community amenities such as tennis, gym/clubhouse, basketball, pools and lagoon are included as well!
Source: HAR #17728034
Interest rate and monthly payment estimated based on public records.
Source: HAR #17728034
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: #17728034
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.