120 Northview Ln, Georgetown, TX 78628
3 beds · 2 baths · 1,971 sqft sqft
*Ask for details about a 2.7% Assumable Interest Rate Loan! Welcome to your dream home in Georgetown, Texas! This stunning one-story residence offers the perfect blend of comfort and convenience, featuring 3 spacious bedrooms and 2 modern bathrooms. Nestled in a picturesque master-planned community, this home provides a rare sense of privacy with no direct neighbors, ensuring tranquility and seclusion. Step outside and discover a wealth of amenities right at your doorstep. The community boasts four pristine swimming pools, ideal for relaxing and enjoying the warm Texas sun. Embrace an active lifestyle with scenic hike and bike trails that weave through the lush landscapes. Stay engaged with your neighbors at the community pavilion, basketball court, or dog park. Enjoy leisurely afternoons at the fishing pond or gather for social events at the community centers. Tennis courts provide endless opportunities for friendly matches, while the dog park is perfect for your furry friends. Centrally located in charming Georgetown, this home is in the heart of a vibrant community with easy access to local shops, dining, and entertainment. Families will appreciate the proximity to the highly acclaimed Liberty Hill schools, renowned for their exceptional education and student success. Additionally, the home is conveniently close to the HEB Shopping Center, major roadways, and employers. With its elegant design, unbeatable location, and a suite of impressive amenities, this home is truly a haven of modern living. Don’t miss the opportunity to make this exceptional property your own!
Source: ACTRIS #6183699
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #6183699
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: #6183699
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.