121 Westfield Xing, La Vernia, TX 78121
4 beds · 4 baths · 2,756 sqft
Distinctive Extravagance in the prestigious community of Westfield Ranch in La Vernia! Thoughtfully designed and crafted and meticulously maintained 5 Years Young Custom home nestled in a Quiet Community with 1.23 acre estate premier lot with amazing views, farm land behind home and a great amount of space for outdoor activities to include a generous amount of entertaining space built by "top ranked builder" Camino Real Builders * No HOA so you can park your RV here with no issues!! An impressive 8 ft Custom Grand Front Door invites you into this 2756 sq ft 5 Bedroom home with 3.5 Bathrooms with the finest quality & workmanship possible with great flow for both inside and outside entertaining. Owners Retreat with custom closet cabinetry, spacious bathroom with huge Walk in Shower with Rain Shower head, Jacuzzi tub, Double Vanity * Resort Style Sparkling Pool with a custom built BBQ area, Professionally installed 27 X 13 Screened in Porch with Solar Screens overlooking backyard and pool area for those relaxed peaceful moments either reading a book or watching TV with a wood burning fireplace * This is truly a dream home for anyone wishing to live and entertain in a quiet peaceful lifestyle * Don't miss the amazing attention to detail, which can be seen as you move seamlessly from room-to-room * Enhanced with exquisite design touches, picturesque views of the fabulous park like setting backyard * This home has it all! 2 Sheds with 1 has electricity to it, Basketball Court. This home is perfectly positioned to capture the incredible views and enjoy the peaceful tranquility of Country Living * Once you experience this this home, you'll never want to spend another evening away from these big, bright Texas stars. Welcome to a home, you won't want to leave!!
Source: CENTRALTEXAS #572930
Financials
Source: Public records
Source: CENTRALTEXAS #572930
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.