216 Nathan Dr Princeton, TX 75407
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About this home
Step into luxury with this almost new Astoria Homes masterpiece, where elegance meets modern comfort. From the moment you walk through the grand 8-foot front door, you're greeted by the warmth of real oak hand-scraped hardwood floors flowing seamlessly through the entry, kitchen, café, study, and family room. The chef’s kitchen is a dream, featuring solid maple cabinetry, stunning granite countertops, a double oven with a built-in microwave, a wood range hood, and a white porcelain farmhouse sink, all beautifully accented by an upgraded backsplash. The cast stone wood-burning fireplace serves as the perfect focal point for cozy gatherings, adding both charm and sophistication. Designed with both function and fun in mind, this home boasts a spacious game room, dedicated home school room, and an incredible media room, perfect for movie nights and entertainment. Every detail has been thoughtfully upgraded to provide both luxury and convenience, making this home an absolute standout. Don’t miss your chance to own this stunning, high-end haven—schedule your showing today! Assumable Loan 5.875% interest rate!!!
Source: NTREIS #20853166
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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.