516 Palmito Ranch Rd Fort Worth, TX 76131
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About this home
Welcome to one of the largest lots in the highly sought-after Copper Creek community. Perfectly positioned at the front of the neighborhood for quick access in and out, this home is also within walking distance to the community pool. Located just off Blue Mound Road with direct routes to Hwy 287, Loop 820, and I-35W, commuting into Fort Worth or exploring all the area has to offer—including the Alliance Corridor, Sundance Square, Eagle Mountain Lake, and Texas Motor Speedway—couldn’t be easier. Copper Creek offers an amenity-rich lifestyle with playgrounds, sports courts, swimming and splash pools, an amenity center, and over two miles of peaceful walking trails. Inside, the first floor features your private primary retreat with a spacious en suite bath, along with an open-concept living, dining, and designer kitchen that is ideal for entertaining. A versatile flex room downstairs can serve as an office, playroom, or second living area. Upstairs, three additional bedrooms and a large game room-second living space create the perfect setup for growing families. This MI Homes residence showcases the Platinum Package with every upgrade imaginable—landscape lighting throughout, Tesla solar panels, Tesla Powerwall, a Tesla Wall Connector (Level 2 EV charger), and complete smart-home integration. From energy efficiency to modern convenience, this property blends comfort, technology, and style for today’s lifestyle.
Source: NTREIS #21057679
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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.