248 Woodhaven Trl Mcgregor, TX 76657
Your savings
About this home
Discover this lovely dwelling perfectly situated within the highly sought-after Midway ISD, this exquisite property offers a harmonious blend of exceptionality and practicality. Featuring 4 spacious bedrooms and 2 elegantly designed bathrooms, this captivating home highlights an open concept layout ideal for both relaxation and entertaining. With proximity to HEB and a variety of local eateries, the location is second to none for everyday conveniences. Step inside to experience the seamless flow of contemporary living spaces enhanced by beautifully crafted details. The home showcases tile floors that run throughout the main areas, adding an element of sophistication. Imagine cozy evenings or lively gatherings in the expansive living room, accentuated by custom bookcase built-ins, which provide the perfect spot to display cherished mementos or classic novels. The heart of the home, an impressive kitchen, features sleek granite countertops that offer ample preparation space for culinary adventures. Tray ceilings elevate the aesthetic, drawing the eye upwards and adding a layer of depth and architectural interest. Encircled by an established subdivision, this residence offers an exterior that matches the charm found within. Constructed with durable brick, the home stands as an inviting beacon of traditional warmth and classic appeal. Maturing trees beckon you to relish in the serenity of outdoor living, where a generously sized backyard invites endless opportunities for leisure and recreation. Whether envisioning vibrant garden gatherings or quiet mornings with a coffee in hand, this outdoor oasis is sure to inspire.
Source: NTREIS #20995534
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.