3916 Sunnyview Ln Flower Mound, TX 75022
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About this home
Situated on what may be the highest point in Flower Mound, oversized comprised of 2 lots atop the Franklin Hills subdivision. This home has a magnificent view that reaches all the way to Lake Grapevine. Spectacular vantage from the main balcony, living room, and the balcony on the third floor, which has its own private master suite. Treetop-lined, with foliage and a peaceful sunset as the backdrop, the expansive views are breathtaking. This home boast a super unique layout with basement home theater for true blackout. This home has it all, space, tranquility and the freedom to explore the outdoors. Al fresca on the balcony with your morning coffee will feel like dining in a different part of the world. This home is completely turnkey and has so much to offer for anyone who loves spaciousness and flexible living options within a home. There are nearby walking trails that provide trail access that reaches Lake Grapevine. Just 10-15 minutes and you have easy access to city life and freeway access. This home truly has the best of country and city living that you just won't find everyday. To see this unique home is to fall in love with it and all it has to offer. You will be amazed!
Source: NTREIS #20830649
Loan details
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Close stress-free in 45 days, handled start to finish by Roam.
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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.