4901 Fort Stockton Dr Arlington, TX 76017
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About this home
The Home Offers You 3 Bedrooms, Study- Flex Room, 2 Full Bathrooms, 2 Car Garage and it has recently been updated. As you walk in you will appreciate the Openness of the Dining Room, the Living Room and view into the Kitchen. The Living Room with it's Hardwood Flooring and Picture Frame Moulding on the Walls, Pan Ceiling and Cozy Wood Burning Fireplace for those great Family get togethers. The Spacious U Shape Kitchen with plenty of Upper & Lower Cabinets, Counter Space and Granite Countertops, Tile Backsplash, Built-in Oven and Microwave, with Porcelain Flooring. Off the Kitchen you have an Open Den Area ready for your imagination & possibilities. Left of Kitchen you have a Bonus Room, Flex Room, Office or Study. Both Bathrooms have been updated with Granite Countertops and Porcelain Flooring. Primary Bathroom Offers a Garden Tub, Separate Shower and Two Large Walk-in Closets. From the Garage you come into an area with Sink, Countertop, Work Area & a Mud Room. The Interior has been Newly Painted. Newly Installed ROOF. This Home also OFFERS SOLAR PANELS ready to Help you with your Electric Bills. Woods Elementary School is Waking Distance. Easy access to I20, Parks Mall, The Highlands, Shopping, Several Restaurants and more. Set Up a Showing to see this Home CALL YOUR REALTOR NOW !!1
Source: NTREIS #21066881
Neighborhood
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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.