1122 Iron Glen Dr, Temple, TX 76502

Welcome to this stunning DR Horton built home offering a perfect blend of elegance and comfort. Located in the desirable Lake Pointe subdivision, this spacious residence boasts a wealth of features ideal for modern living. Upon entering, you are greeted by a formal dining room and formal living room, both elegantly appointed for gatherings and special occasions. The heart of the home is the large kitchen, complete with a substantial kitchen island adorned with 3cm granite countertops, perfect for culinary adventures and casual dining. The kitchen seamlessly flows into the living room, highlighted by a charming brick, wood-burning fireplace, creating a warm and inviting atmosphere. Conveniently situated on the main level is an office space, providing a private area to work from home, along with a half bath for guests. Upstairs, discover a spacious loft area that can be used for playing games or relaxing with a good book. This versatile loft also features a large walk-in closet, offering ample storage space. The primary en-suite is a sanctuary of comfort, featuring vaulted ceilings and generously appointed with a garden tub, separate shower, double vanity, and a substantial walk-in closet, ensuring plenty of room for storage and organization. All secondary bedrooms upstairs are generously sized, providing comfort and privacy for family members or guests. Additional features of this remarkable home include modern fixtures, ample natural light throughout, and thoughtful design elements. Located close to the lake. The neighborhood offers an array of amenities, this home presents an exceptional opportunity for those seeking both luxury and practicality. Don’t miss out on making this exquisite property your new home. Schedule your showing today! Square footage and room dimensions, Schools, and tax information are approximate and should be independently verified.

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

• Buyers
• Agents
• Sellers

What is Roam?

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.

What is an assumable mortgage?

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.

Why is an assumable mortgage valuable?

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.

How can you find assumable mortgage listings?

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 “Get Notified” 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.

How do I qualify for an assumable mortgage?

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.

Last updated: Nov 21, 2024 06:04 pm

Listing agent: Stephanie Nash

Listing provided courtesy of: Keller Williams Realty Lone St (512) 868-1771

Details provided by ACTRIS and may not match the public record.
MLS ID: #4823464

Based on information submitted to the MLS GRID as of Nov 21 2024 - 18:07. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.