1514 N 13th St, Temple, TX 76501
3 beds · 2 baths · 2,216 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Charming Craftsman Home on a Large 0.45-Acre Lot in Temple’s Highly Sought-After Northside District This beautifully maintained 3-bedroom, 2-bathroom craftsman home offers 2,216 square feet of timeless charm in the heart of the highly sought-after Northside district. Nestled under mature oak trees on a rare half-acre lot located in the garden district, just one block from the historic district. A welcoming covered front porch sets the stage for the warmth and character inside. The home features two fireplaces—one gas and one wood-burning—along with elegant details such as crown molding, built-in shelves, wainscoting, and recessed lighting. Stunning original hardwood flooring flows throughout the main living areas, complementing the classic design. The bathrooms showcase beautiful trazio tile, adding a touch of vintage elegance. The chef’s kitchen is designed for both beauty and function, with high-end maple cabinetry, granite countertops, and ample storage. The primary suite offers a cozy fireplace and a spa-inspired pebble shower. The expansive backyard is a private retreat, ideal for gardening, entertaining, or creating an outdoor oasis, with plenty of room for a pool or outdoor kitchen. A sprinkler system in the front and back yards makes upkeep simple. Recent updates include a new roof in 2024 and newer windows, adding both value and peace of mind. The current owners have cherished this home but are relocating to be closer to family, making this a wonderful opportunity to own a truly special property.
Source: ACTRIS #5872316
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: ACTRIS #5872316
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 and Equal Opportunity Act.