1117 Spring Gulch Ln, Georgetown, TX 78628
3 beds · 2 baths · 2,095 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 1117 Spring Gulch Ln in the sought-after Wolf Ranch community! This pristine single-story Coventry home offers elegance and upgrades, making it better than new. Thoughtfully designed, it features an entry with custom wainscoting and a private office with built-in bookshelves and designer wainscoting—perfect for work or study. The open-concept great room seamlessly connects the chef’s kitchen, dining, and living areas. The living room includes a built-in surround sound system for immersive entertainment. The kitchen is a culinary dream with a grand center island, stone countertops, 42-inch cabinetry, stainless steel appliances, a walk-in pantry, and a gas cooktop. Natural light floods the space, highlighting the beautiful design and craftsmanship. The primary suite is a tranquil retreat with serene backyard views. The spa-inspired ensuite bath features a walk-in shower, dual vanities, and an expansive closet. Secondary bedrooms are spacious and versatile. Step outside to your private backyard oasis, which backs up to Wolf Ranch Elementary School, offering added privacy. The covered patio and fully fenced yard are perfect for entertaining or relaxation. Additional upgrades include a tankless water heater for energy efficiency. 5.99% VA Assumable Mortgage Available! Must have VA eligibility to qualify. Wolf Ranch offers top-tier amenities, including "The Den" and "River Camp" centers with resort-style pools, playgrounds, fitness facilities, event spaces, and miles of trails. Proximity to Wolf Ranch Shopping Center and major tech employers makes this home an ideal choice. Don't miss the opportunity to own this upgraded gem in one of Georgetown's premier neighborhoods! Schedule your tour today.
Source: ACTRIS #9690985
All values shown are estimated costs / mo.
Source: Public records
Source: ACTRIS #9690985
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 of Equal Opportunity Act.