10709 Kestrel Ct, Waco, TX 76708
3 beds · 2 baths · 1,875 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to your perfect home in the charming Brentwood neighborhood, offering amenities such as sidewalks for leisurely strolls, a basketball goal for friendly games, and a serene pond perfect for quiet reflection. This endearing house is perfect for both relaxation and entertainment, designed with you in mind. As you step inside you are greeted by an abundance of natural light filtering through the numerous windows. The open concept kitchen and living area is ideal for hosting gatherings with friends and family or simply enjoying a cozy night in. The isolated primary suite offers the ultimate respite from the hustle and bustle of daily life, featuring a spacious closet to accommodate all your storage needs. Step outside to your covered patio, perfect for enjoying Texas sunsets or hosting gatherings. Located in top-rated China Spring ISD and convenient to local parks, and shopping. Updates include but not limited to 50 AMP plug for electric cars, programmable light switches, wiring and plumbing for automatic A/C condenser unit misting system, new roof in 2023 with upgraded ridge vent-style system, water filtration system at kitchen sink and updated modern smart water sprinkler controller. Don't miss this opportunity get your next home in one of Waco's most desirable communities!
Source: NTREIS #229020
Source: NTREIS #229020
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.