5409 Summit Peak Dr Arlington, TX 76017
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About this home
Welcome to this beautifully updated 4-bedroom, 2-bath home that perfectly combines comfort, style, and convenience. From the moment you step inside, you’ll feel the warmth of a space designed for relaxed family living. The open family room is ideal for movie nights or casual gatherings, while the dining area invites you to share meals and make lasting memories.New luxury vinyl plank flooring flows throughout, adding a fresh, modern touch that’s both stylish and easy to maintain. The kitchen features refinished cabinets, an updated backsplash, and generous storage—perfect for everything from quick breakfasts to weekend baking projects. The upgraded laundry room offers new tile flooring, built-in cabinetry, and a convenient work table to keep life organized. Step outside to your private backyard oasis with a sparkling in-ground pool—ideal for summer fun, family barbecues, or quiet evenings under the stars. Fresh interior paint brightens every room, creating a clean and welcoming atmosphere that’s truly move-in ready. Additional updates include refreshed pool plumbing, popcorn ceiling removal, new flooring, new dishwasher, refinished cabinets, updated backsplash, and replaced toilets. The HVAC system was installed in 2016, and the pool was resurfaced in 2017, providing lasting comfort and peace of mind. Every detail has been thoughtfully updated so you can focus on what matters most—making memories with the people you love. Come see why this inviting home is the perfect place to grow, gather, and relax. ** Owner is a licensed Texas Realtor **
Source: NTREIS #21097177
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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.