732 Jamestown Ln Fate, TX 75189
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About this home
Charming 3-Bedroom Home Backing to Greenbelt. Prime Location Near Rockwall! Outdoor Living at Its Best - Step outside to your own private backyard oasis! The expansive backyard truly shines. Enjoy peaceful views of the greenbelt from your covered patio with cedar post accents, or relax under the custom pergola, perfect for outdoor dining, entertaining, or simply unwinding. The privacy-fenced yard offers plenty of space for kids, pets, or gardening, all while providing a tranquil setting with no rear neighbors. Welcome to this beautifully maintained 3-bedroom, 2-bath home nestled in a desirable community just minutes east of Rockwall. Designed with comfort and function in mind, the open-concept floor plan features a spacious kitchen that flows effortlessly into the inviting living area, perfect for entertaining or everyday living. The private primary suite is a true retreat, showcasing a stylish accent wall, a spa-inspired ensuite with a large tiled walk-in shower and built-in bench, and a roomy walk-in closet. A smart split-bedroom layout offers privacy for the two secondary bedrooms, which share a full bath—ideal for guests or family. Elegant architectural touches throughout the home include bull-nose corners, arched entryways, and ample storage. A full-size utility room is conveniently located off the garage for added functionality. The beautifully landscaped front yard offers charming curb appeal. Community Perks - Enjoy access to top-tier amenities including a clubhouse, resort-style swimming pool, splash pad, fitness center, scenic walking trails, and a catch-and-release fishing pond. With quick access to I-30 and just a short drive to Rockwall’s vibrant shopping, dining, and entertainment scene, this home blends suburban peace with city convenience. Don’t miss your chance to own this gem with a private backyard retreat and unbeatable location!
Source: NTREIS #20988970
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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.