1215 Westwood Hills Blvd, Temple, TX 76502
3 beds · 2 baths · 1,789 sqft
Get a free consultation call with an expert in the mortgage assumption process.
AWESOME 3 BEDROOM, 2 BATH HOME ON A CORNER LOT IN BISD'S GATED HILLS OF WESTWOOD! This well maintained residence welcomes with an open floor plan that envelops you the moment you walk in. The spacious living, kitchen and two dining spaces are perfect for those who love to entertain as well as those who love the feel of open concept living. The designated dining area literally shines with an amazing crystal chandelier that would make any soiree a memorable event. The living area is larger than most in the neighborhood & is enhanced by the elevated ceiling over attractive vinyl plank flooring and the wall of windows with backyard views. The kitchen, with island, provides plenty of granite countertop work space under a new backsplash as well as updated appliances & new single basin stainless sink with commercial grade pull down faucet. The informal dining is just steps away and offers plenty of seating as well as backyard access. The attractive plank flooring continues into the generous master bedroom under an elevated ceiling that opens into a double vanity bath with soaking tub and separate shower. The secondary bedrooms, both with an elevated ceiling, are good sizes with one having the added design touch of painted bead board wainscoting. This backyard is meant for year round enjoyment with its wood burning fireplace for those chilly fall and spring evenings & the extended patio for a grilling space and al fresco dining! Surrounded by a stained wood privacy fence, the fully irrigated back yard provides plenty of room to run and play! Warm summer days can also be enjoyed at the private neighborhood pool & playground. Minutes from local schools and close to shopping, medical centers, & I-35, this Kiella built plan with side entry garage is a winner on so many levels!
Source: CENTRALTEXAS #574013
All values shown are estimated costs / mo.
Source: Public records
Source: CENTRALTEXAS #574013
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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.