1607 Fairway Vista Dr Corinth, TX 76210
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About this home
CHARMING 2 STORY ON A LARGE CORNER LOT! Fall in love with this warm and inviting floor plan graced with soaring ceilings, wood flooring and stairs, a cozy fireplace and tons of windows for natural light, plus a freshly painted family room and kitchen. Unwind in the downstairs primary suite featuring a dual sink granite vanity, soaking tub, walk-in shower and a spacious walk-in closet, or host in the pristine kitchen including granite countertops, white cabinets and a pantry. Take full advantage of the upstairs space, boasting a sizable game room and generously sized secondary bedrooms. Spend time outdoors in your large backyard showcasing a huge pergola covered patio, privacy fence, concrete pad for a boat or trailer and plenty of room to play. Other features include attic space above the garage that can be converted into living space plus a recently replaced roof and AC unit. Enjoy the community pool and tennis courts, plus get a discount at Oakmont Country Club offering a club house, golf course, restaurant and fitness center! Great location within walking distance to the elementary and middle schools, and in close proximity to shopping, dining and 35E. Take a first-person look at this gorgeous home! Click the Virtual Tour link to see the 3D Tour!
Source: NTREIS #21083240
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
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.