11700 Elko Ln Fort Worth, TX 76108
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About this home
Welcome to this beautifully maintained 4-bedroom, 2.5-bath home built by Impression Homes in 2019,(It’s a Bristol Floor Plan Elevation K Per Impression Homes)perfectly situated on a desirable corner lot in the sought-after Live Oak Creek community. Designed with both comfort and functionality in mind, this home offers a versatile floor plan and modern finishes throughout.The spacious primary suite is conveniently located on the main floor and features a luxurious en-suite bathroom and a massive walk-in closet. A dedicated office provides the perfect space for remote work or study, while two generously sized living areas offer flexibility for entertainment and relaxation.Enjoy open-concept living with a kitchen that flows seamlessly into the main living room—ideal for gatherings and everyday living. Step outside to a large, private backyard with endless potential, whether you are envisioning a garden, play area, or future pool. Live Oak Creek offers a blend of peaceful suburban living with easy access to Fort Worth’s amenities. Residents enjoy resort-style features including a sparkling community pool, clubhouse, splash park, scenic trails, and recreational areas. Plus, you’re just minutes from popular lakes perfect for boating and fishing.With its west-facing front and spacious layout, this home is the perfect place to enjoy Texas sunsets, make lasting memories and for you to call home!
Source: NTREIS #21053251
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Close stress-free in 45 days, handled start to finish by Roam.
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If you find a better price on any home, we’ll match it.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.