207 Camelot Dr Weatherford, TX 76086
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About this home
Backyard Serenity! Watch Deer from Your Own Patio. Welcome to this beautifully maintained family home where comfort meets serenity. Nestled in the desirable Briarwood neighborhood, this home backs up to a picturesque open pasture no neighbors behind you, just peaceful views and friendly wildlife right outside your back door. Start your mornings with a hot cup of coffee on the covered patio and enjoy the quiet moments as you watch deer grazing in the distance. It’s your very own slice of country tranquility right in town! Inside, the open floor plan is ideal for entertaining. The vaulted ceilings give the home a bright, inviting feel. With easy access to I-20 and close proximity to shopping, dining, and top-rated Weatherford ISD schools, this home offers the perfect balance of peaceful living and everyday convenience. Don’t miss this rare find peaceful living with all the conveniences of town!
Source: NTREIS #21102943
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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.