1 of 36
$490,000

4916 Gooseberry Trl, Granbury, TX 76048

3 beds · 3 baths · 2,792 sqft sqft

2.365 ACRES! 1-STORY REMODELED*LAKE COMMUNITY W-POOL, TENNIS & BASKETBALL COURTS & 2 PLAYGROUNDS*HOA DUES $192-YR TO ENJOY ALL THESE AMENITIES AND ONLY A 5 MINUTE WALK TO THE LAKE*RV & BOAT PARKING*RUGGED TERRAIN, LOCATED ON TOP OF HILL W-VIEWS OF VALLEY*BACKYARD HAS FIRE & CONVERSATION PIT W-BENCH SEATS & RAILING*3 BED, 2.5 BATH, 2 LIVING*MANY PARTS OF HOME HAVE BEEN REMODELED*PRIMARY BATH: STAND ALONE TUB, REMODELED SHOWER, UPGRADED SINKS & VANITY*SLIDING BARN DOOR FROM BED TO BATH*SEPTIC & CO-OP WATER THROUGH SOUTHWEST WATER CORP*SECURITY SYSTEM*2 CAMERAS, MONITORS ON WINDOWS & DOORS*ROOF REPLACED IN 2020*ONE COMPRESSOR RECENTLY REPLACED*SURVEY AVAILABLE, SHOWS 2.364 ACRES*ALL ELECTRIC*LIVING-FAMILY RM HAS WOOD BURNING FIREPLACE*FORMAL DINING, BREAKFAST NOOK, BUTLER’S PANTY OR COFFEE BAR*LARGE GAME ROOM COULD BE USED FOR MEDIA*KITCHEN HAS NEWER ELECTRIC RANGE, TILE COUNTERS & BACKSPLASH*UTILITY RM, COMBO PANTRY & HALF BATH*UNIQUE HOME AND FLOOR PLAN*WAITING FOR NEW OWNERS!!

Interest rate 3
3%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$774
With Roam
$1,165
Reduce your monthly payments by $391 when you assume this mortgage.
You also save $121,284 in total interest paid.

$323,146
Edit

You may be able to put down less than the total down payment amount of $323,146 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.
Location
Details
Home
Size
2,792 sqft
Lot size
2.3650 acres
Year built
2010
Type
Single Family Residence

Source: NTREIS #20659516

Loan
Remaining term
25 years, 10 months
Rate
3%
Monthly P&I
$774
Remaining loan balance
$166,853

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

expand content

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.

What is an assumable mortgage?

expand content

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.

Why is an assumable mortgage valuable?

expand content

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.

Will an assumption work for me?

expand content

An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.

Why do buyers use Roam?

expand content

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.

View all FAQs
Last updated: Nov 02, 2024 10:23 am
Listing agent: Sharon Hodnett
Listing provided courtesy of: Keller Williams Realty (817) 329-8850
Details provided by NTREIS and may not match the public record.
MLS ID: #20659516
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 45 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$774/mo
View details