3921 Madison Ln Denton, TX 76208
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About this home
Beautiful Single-Story in Prominence Square. Welcome home to this charming 2018-built residence in a prime Denton location! Step inside to an inviting open floor plan designed for easy entertaining—you’ll never miss a moment of conversation while preparing meals in the spacious kitchen. Enjoy abundant cabinet space and a walk-in pantry perfect for those oversized kitchen essentials. Natural light fills the home, highlighting its bright and cheerful atmosphere. The thoughtful layout offers a seamless flow from one room to the next. The split-bedroom design provides privacy for guests or extended family—one bedroom even features its own walk-in closet and direct access to a full bath with an oversized walk-in shower, making it an ideal in-law suite. Two of the secondary bedrooms share a convenient Jack-and-Jill bath, with each room enjoying its own private vanity area for added comfort and functionality. The primary suite offers a relaxing retreat with a garden tub, separate shower, and convenient direct access from the ensuite bath through a huge walk-in closet into the oversized utility room—laundry day just got easier! Step outside to the screened-in 5x12 back porch where you can unwind in the evening breeze without the bugs. The fenced yard provides space for pets or outdoor gatherings. Located near both UNT and TWU, this home offers quick access to shopping, dining, and entertainment while maintaining a peaceful neighborhood feel. With no HOA, you’ll enjoy flexibility and freedom. Don’t miss your chance to make this light-filled home yours!
Source: NTREIS #21100277
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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.