2500 Rockbrook Dr Unit 19 Unit 2A Lewisville, TX 75067
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About this home
Stunning Condo in an amazing location is ready for its new homeowner! This home offers a highly sought after floor plan which includes a large living and entertaining space along with 3 bedrooms and 3.5 baths! With recent updates of flooring and carpet, this home is ready for its new owner to make it their own! The first floor has an attached garage leading into the downstairs area with your front entryway, as well as a bedroom or office area with an ensuite bath. The second floor offers a kitchen with a recently replaced stove and dishwasher, a large dining area with a balcony to enjoy your morning coffee or a relaxing afternoon, and a spacious living room that is waiting for entertainment. There is a half bath for guests right across from the kitchen so that all bedrooms can maintain privacy. The third floor boasts the master retreat with a large ensuite bathroom as well as a third bedroom with an ensuite bath. The laundry room is also located upstairs so it's close to the bedrooms and easy to get to. You can't beat the location, close to restaurants (Saltgrass, Chick Fil A), shopping (Target, Costco), quick access to 121 and I35 just to name a few. Downtown living without the downtown prices. HOA covers all outside maintenance, lawn care, water and trash!
Source: NTREIS #20787372
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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.
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