Green Meadows
ASSUMABLE 3.375% FHA THROUGH PENNYMAC. Buyer P&I lands near $1,350 vs roughly $1,767 financing conventional at today's rates. That is about $400/mo and six figures over the life of the note. Balance approx $275,000, so the equity gap at list is under $15,000. Your buyer gets a sub-$1,400 payment for roughly what 5% down costs on a $265,000 conventional purchase. The package is already built. TXR 1919 and TXR 1920 are drafted and seller-signed, ready to send the day we go under contract. PennyMac assumption dept 888-381-2918. Assumption fee $1,800. Buyer needs 620+ FICO and DTI generally under 40%. Release of liability confirmed available. Plan on roughly 60 days from consent submission, so build your closing date accordingly.
Listing provided by Jeffrey Brown · Compass RE Texas, LLC · (512) 772-5797
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Green Meadows
ASSUMABLE 3.375% FHA THROUGH PENNYMAC. Buyer P&I lands near $1,350 vs roughly $1,767 financing conventional at today's rates. That is about $400/mo and six figures over the life of the note. Balance approx $275,000, so the equity gap at list is under $15,000. Your buyer gets a sub-$1,400 payment for roughly what 5% down costs on a $265,000 conventional purchase. The package is already built. TXR 1919 and TXR 1920 are drafted and seller-signed, ready to send the day we go under contract. PennyMac assumption dept 888-381-2918. Assumption fee $1,800. Buyer needs 620+ FICO and DTI generally under 40%. Release of liability confirmed available. Plan on roughly 60 days from consent submission, so build your closing date accordingly.
Listing provided by Jeffrey Brown · Compass RE Texas, LLC · (512) 772-5797
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
