20240 Willow Glade Cir Pilot Point, TX 76258
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About this home
Peaceful Country Living on 2 Acres! The large circular driveway and inviting covered front porch greet and welcome you home. This property offers plenty of room for the whole family — inside and out. Large living area with cozy, wood-burning fireplace and a roomy primary suite downstairs. Upstairs offers two oversized bedrooms and a versatile game room or media room --- a flexible floorplan to create just what your family needs! Outside, there’s space for kids and pets to run and play, whether in the fenced portion of the backyard or beyond in the pasture. The front porch offers an ideal spot for a quiet morning cup of coffee or relaxing at the end of the day. HEAVEN! A 20x30 workshop with electricity (built in 2024) offers endless possibilities for projects or storage. The circular driveway and expansive driveway make it easy to welcome guests or store your RV, boat, or extra vehicles. Additional highlights include large storage room in garage, gas tankless water heater (2024), two new AC units (2024), roof replaced (2024), FULL house Generac generator, a freshly painted interior, smart smoke & carbon monoxide detectors and Nest thermostats and security cameras. All utilities are underground - no unsightly poles or towers. Come live your best life in the calm and serenity of this charming home on Willow Glade Circle!
Source: NTREIS #21106782
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Close stress-free in 45 days, handled start to finish by Roam.
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.