Welcome to 9663 Matise St, Tyler, TX 75706, a rare opportunity to own a well maintained, move in ready home situated on 1.42 acres just minutes from Downtown Tyler, shopping, dining, medical centers, and major roadways, while still enjoying the peace and space of country style living. This property offers an ideal blend of privacy, functionality, and modern convenience, making it well suited for homeowners who want room to grow, work, or relax without sacrificing accessibility. The exterior features a wrap around driveway providing easy access, ample parking, and smooth flow for guests, trailers, or recreational vehicles. A two car garage adds practicality, while partial gutters, a roof approximately five years old, and a water heater estimated at four to five years old offer added peace of mind. The property also includes a sprinkler system and a rear storage shed for tools or equipment. Inside, the home features durable tile flooring throughout for easy maintenance and everyday living. The living area is anchored by a real wood burning fireplace that creates a warm and inviting atmosphere for gatherings or quiet evenings. A skylight brings in natural light, enhancing the open feel, while ceiling fans in every room provide year round comfort. The home offers four bedrooms and two full bathrooms with a flexible layout. The fourth room may serve as a bedroom, office, gym, or flex space. A dedicated dining area complements the layout, while the eat in kitchen includes a gas range and space for entertaining. Refrigerator, washer, and dryer will convey. Washer and dryer are located in the utility garage. Additional features include fiber internet and security cameras that will convey. With over an acre of land, there is ample space for outdoor entertaining, gardening, expansion, or enjoying the open setting. Schedule a private showing today. Homes with acreage this close to Tyler are limited, making this a strong option for buyers seeking space, comfort, and location.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
