VA loan
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VA loan
$399,999 SIGNIN

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1522 Crested Butte Way, Georgetown, TX 78626

4 beds · 3 baths · 2,683 sqft

Concierge

Get a free consultation call with an expert in the mortgage assumption process.

5-minutes to Historical Georgetown Square!!! Welcome to 1522 Crested Butte Way. This stunning home is located in the highly soughafter La Conterra neighborhood in Georgetown! Built in 2014, this spacious 4 bedroom, 2.5 bathroom house is perfect for anyone looking for the perfect place to call home. As you step inside, you'll be greeted by a beautifully designed interior featuring fresh paint and new vinyl-wood flooring throughout the main living areas. The primary bedroom is conveniently located on the ground floor and includes an ensuite bathroom with dual sinks, a soaking garden tub, a separate walk-in shower, and a custom walk-in closet. The spacious living room and formal dining room area is great for entertaining guests. Easily accommodate larger gatherings and would make for a great game night! The open-concept layout creates a seamless flow between the kitchen and living areas, making it easy to entertain while cooking up a storm. Upstairs you'll find three additional bedrooms, a large Great room, and another full bathroom. The backyard has a covered patio, fully fenced, and offers plenty of space for outdoor activities and relaxation. The desirable La Conterra neighborhood offers a community pool, playgrounds, walking trails, and so much more all within walking distance. Don't miss your chance to own this beautiful gem and get the most bang for your buck! Schedule your showing today, it won't last long!

Estimated
Seller's interest rate
4%
7%
Estimated
Monthly payment

$2,571
$3,212
You may also save up to $215,604 in total interest paid.

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.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $3,212 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
VA
Rate
4%
Remaining term
28 yrs
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$2,571
Principal & interest
$2,076
Mortgage insurance
-
Property taxes
$101
Home insurance
$343
HOA fees
$50
Utilities
Not included

Source: Public records

Home details
Size
2,683 sqft
Lot size
0.14 acres
Year built
2015
Type
Single Family Residence
HOA dues
$50.00

Source: ACTRIS #3242733

Qualify

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.

Resources
Frequently asked questions

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.

View all FAQs
Last updated: May 02, 2025 11:11 pm
Listing agent: Bettina Stewart
Listing provided courtesy of: Magnolia Realty Round Rock (512) 402-5111
Details provided by ACTRIS and may not match the public record.
MLS ID: #3242733
Based on information submitted to the MLS GRID as of May 10 2025 - 11:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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$2,571
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