1207 Rocky Ridge Trl, Harker Heights, TX 76548
4 beds · 2 baths · sqft
***Scoop up this Sutton Place single-story home in Harker Heights!*** Offering 2,044 SQFT of living space, this property features 4 bedrooms, 2 baths, and a private office, with the seller covering the cost of solar panels for substantially lower electric bills. The home boasts excellent curb appeal with a covered front patio and mature trees. Enjoy a spacious open concept layout with LVP flooring that resembles hardwood, a cozy wood-burning fireplace, and abundant natural light. The gourmet kitchen is equipped with a complete stainless steel appliance package, including double ovens, and features granite countertops, ample cabinetry, a custom backsplash, and a breakfast bar. The master suite offers a double vanity, soaking tub, separate shower, and a large walk-in closet. Outside, the backyard oasis features an extended covered patio surrounded by a privacy fence, perfect for relaxation and entertaining. With a recently replaced roof (August 2024) and a peaceful setting, this home is an ideal choice for your next chapter!
Source: CENTRALTEXAS #560584
Interest rate and monthly payment estimated based on public records.
Source: CENTRALTEXAS #560584
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: #560584
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.