3110 Roman Forest Blvd New Caney, TX 77357
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About this home
Spacious one story, 4 bed, 2 bath home nestled on an oversized lot in the desirable Roman Forest community. Featuring a 3 car garage and long driveway, there is plenty of room for parking and storage. The open-concept kitchen offers an abundance of cabinet and counter space, highlighted by an oversized granite island/breakfast bar, making it an ideal space for meal preparation or casual dining. The kitchen flows seamlessly into the dining area and expansive living room, where you’ll find an inviting electric fireplace, perfect for cozy evenings at home. The primary bedroom is generously sized, primary bathroom has a separate shower and tub, double sinks. Privacy tent on windows in living room, dining room and backdoor. Enjoy outdoor living and entertaining with a covered back porch that overlooks a large backyard, with no back neighbors. Conveniently located with easy access to the freeway, tollway, retail stores, and restaurants, this home offers both comfort and convenience.
Source: HAR #29919202
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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.