5813 Fathom Dr Fort Worth, TX 76135
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About this home
Welcome to 5813 Fathom Dr in Fort Worth—a freshly renovated, move-in ready home! NEW ROOF,NEW KITCHEN with Granite,NEW FLOORS. + Up to 1% Lender credit with our preferred lender. *Under 10 Minutes from the Lake. Inside you’ll find brand-new flooring, fresh paint, and no carpet anywhere, making the home stylish, clean, and easy to maintain. The bright, open layout offers comfortable living spaces with a modern feel and plenty of room to make it your own. Plus, the refrigerator is included, adding extra value and convenience. Enjoy an outdoor covered patio perfect for bbq's or lounging. Located near shopping, dining, and entertainment, you’ll enjoy quick access to restaurants, grocery stores, and retail centers. Outdoor lovers will appreciate being just minutes from Lake Worth, Marine Creek Lake, and local parks. Conveniently positioned near Loop 820, Hwy 199, and I-35W, commuting to Downtown Fort Worth and surrounding areas is a breeze. With updates throughout and a fantastic location, this home is perfect for first-time buyers, downsizing, or anyone looking for a fresh start. Schedule your showing today!
Source: NTREIS #21060350
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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.