113 Bluffview Cv, Georgetown, TX 78628
5 beds · 4 baths · sqft
ASSUMABLE 2.25% Interest Rate. Ideal for the large or multi-generational family; Texas Sized 5 Bedroom GFO home sits in a cul-de-sac in the highly sought-after MorningStar neighborhood of Georgetown, TX. Large open entry features curved staircase that has wooden treads & risers. Open-concept living area that seamlessly blends the living room, dining area, and abundant kitchen. This space is an entertainer's dream, boasting high-end finishes, custom cabinetry, top-of-the-line appliances, and a center island that doubles as a breakfast bar, as well as a butler’s pantry. There is also a private office space a Escape to the luxurious master suite, featuring a lavish en-suite bathroom with a soaking tub and a Grand walk-in shower, and a spacious walk-in closet. The main-floor also features bedroom, located next to one of the full bathrooms and the private office. The upstairs loft features open metal spindles & hardwood banister. Two of the upstairs bedrooms are split by the common bath, while the third bedroom resembles a Jr Suite with a large private bath. There is also Separate media room located just off the Loft The backyard covered patio has an extended patio, TV for entertainment. Being on a Cup de Sac this property has an oversized yard with plenty of space for a pool , playground and outdoor kitchen. The heavly treaded green belt is a Priceless Bonus that offers both privacy and serenity. The 3 Gar Garage floor has been finished with an epoxy coating and the home has extended driveway. Residents of the Morning Star neighborhood can enjoy an array of exclusive amenities; take advantage of the community pools, playgrounds, walking trails, and parks. This property offers such a UNIQUE Blend of Upgraded Features, Size, Lot Amenities, & Location, it is easy to see why it is such an Extreme Value.
Source: CENTRALTEXAS #519220
Interest rate and monthly payment estimated based on public records.
Source: CENTRALTEXAS #519220
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
MLS ID: #519220
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