102 Double Barrel Ct, Bastrop, TX 78602
4 beds · 2 baths · 1,768 sqft
Get a free consultation call with an expert in the mortgage assumption process.
What an adorable, well-maintained home in great community! On a quiet cul-de-sac, your little slice of heaven is close to the neighborhood entrance but without the thru traffic usually associated with such a convenience. An open floor plan allows for greater interaction in your daily domestic activities, and the four generous bedrooms offer ample room for family, guests or possibly a home office, all with ceiling fans to help maintain your comfort. The primary bedroom has a beautiful walk-in closet with built in shelves to help keep your wardrobe and accessories well-organized. With all kitchen appliances included, you just need to bring your washer and dryer. Leisure time? How about a dip in the community pool, a casual walk on one of the trails, or maybe some playground time! Shopping, medical care, and quaint downtown Bastrop are in close proximity. Easy commute to X, SpaceX, The Boring Company, Tesla, ABIA, and Austin! You will definitely want to check this one out! Great price for a great home and lifestyle!
Source: ACTRIS #5904336
Source: ACTRIS #5904336
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.