1106 Honey Maple St Princeton, TX 75407
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About this home
Experience effortless living in this beautifully designed, gently lived-in single-story home nestled in Princeton’s prized Winchester Crossing community. Built in 2022, this modern residence offers 1,536 sq. ft. of smartly arranged space, featuring a split-bedroom layout with three generously sized bedrooms and two sophisticated bathrooms—the perfect setup for comfortable days and lively gatherings. Step into an open-concept floor plan highlighted by a stylish kitchen with a large center island, quality appliances—including a gas range and stainless steel dishwasher—and ample counter space for the home chef. The primary suite delivers a peaceful retreat with generous dimensions (12 x 16) and privacy thanks to smart separation from secondary bedrooms. High-speed internet, central air, and energy-efficient features like modern HVAC and insulated windows ensure year-round comfort. Enjoy the curb appeal of attractive brickwork, a welcoming covered entry, and manicured landscaping. The property features a two-car garage, newly added backyard storage shed, fenced backyard for outdoor fun, and a spacious lot—ideal for pets or gardening enthusiasts. Located close to local schools, parks, and has easy access to Hwy 380. This vibrant Princeton neighborhood includes perks such as 3 community pools, a playground, and several walking trails nearby with beautiful pond views. Don’t miss this opportunity to settle into a move-in-ready home that combines functionality, comfort, and modern style in a new friendly Texas community.
Source: NTREIS #21049601
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FAQs
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.
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.
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.
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.
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 “Save search” 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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.