248 Heather Glen Dr Coppell, TX 75019
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About this home
Newly Remodeled Gem in Coppell, TX, an open concept living area with adjoining dining room and features a cozy fireplace, vaulted ceilings adorned with beautiful wooden beam, and ample natural light. The newly updated gourmet kitchen is equipped with 42-inch white cabinets, quartz countertops, stainless steel appliances, a vent hood, and a walk-in pantry. The primary suite boasts a spacious walk-in closet with wire shelf organizers, while the spa-inspired bathroom includes double vanities with plenty of storage. The property includes a two-car rear garage with built-in storage solutions. The backyard oasis is perfect for entertaining, featuring a covered patio, an 8-foot privacy fence, an electric gate, a side garden, and a pool and spa. Sprinkle system, beautiful canape of shade trees in front yard gives you a sense of tranquility. Conveniently located, this home offers excellent access to parks, dining, shopping, and major highways such as State Highway 121 (Sam Rayburn) and State Highway 161 (George Bush) this home offers easy access to shopping, dining, and top-rated schools.
Source: NTREIS #21005464
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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.