117 Coronella Dr, Liberty Hill, TX 78642
4 beds · 3 baths · 2,617 sqft
Welcome to 117 Coronella Drive in Santa Rita Ranch! This impeccably maintained 4-bedroom, 3-bathroom home offers a spacious 2,617 square feet of living space, perfect for all your needs. As you step through the large front door, you'll be greeted by a grand entryway that sets the tone for the rest of this stunning property. A private dedicated office is perfect for working from home or school needs. Three spacious guest bedrooms, including an in-law suite that features a private bath, makes it ideal for guests or extended stays. The wood-look tile flooring adds a touch of elegance and durability throughout the main living areas. You'll love the convenience of the walk-in laundry room, with plenty of space for an extra refrigerator or folding tables. The center of the home is the open gourmet chef's kitchen, complete with ample cabinet space, walk-in pantry, a hooded vent, center island and an extended bar that is perfect for entertaining. The primary suite is a true retreat, featuring two primary walk-in closets and a luxurious bathroom with a walk-in shower, dual vanities and an oversized soaking tub. Step outside to your private outdoor space, where you'll find an oversized back patio perfect for entertaining or simply enjoying the peace and quiet with no neighbors behind. Located in highly desirable Santa Rita Ranch, this award-winning resort-style community in Liberty Hill features an array of amenities, including pools, water slides, a dog park, playgrounds, splash pads, parks, miles of trails, and many planned social events throughout the year. The new on-site elementary school, San Gabriel Elementary is within walking distance.
Source: ACTRIS #2508942
Source: ACTRIS #2508942
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: #2508942
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.