169 Amanda Ln, Springtown, TX 76082
4 beds · 2 baths · 1,765 sqft
Welcome to your dream country retreat! This beautifully maintained 4-bedroom, 2-bathroom home sits on nearly 4 acres of fully fenced and cross-fenced land, offering ultimate privacy and functionality. Located at the end of a quiet cul-de-sac in a peaceful community, you'll enjoy the perfect balance of country living with convenient access to local amenities. Inside this immaculate home, you’ll find an open-concept layout with trey vaulted ceilings, porcelain wood-look tile, and updated lighting. The well-designed kitchen flows seamlessly into the living and dining areas, making it perfect for entertaining. The master suite offers a relaxing retreat with a garden tub, separate shower, and walk-in closet. Step out onto the back patio for breathtaking views, ideal for watching the sunset. Got horses? This property is already equipped with 2 horse stalls with turnouts, an attached tack room, hay barn, lean-to, and a round pen. There are plenty of mature trees to create a serene atmosphere ensuring shade, peace, and quiet for you and your family. - VA assumable 2.75% interest rate for qualified buyers - Fresh paint inside & out - Epoxied garage floor - No HOA - Pipe fencing - 2 pantries - 2 washer-dryer hookups (1 set in garage, 1 set in 2nd pantry) - LG WiFi refrigerator included. This is truly a one-of-a-kind property offering space, privacy, and convenience in a peaceful setting. Don't miss out on this opportunity!
Source: NTREIS #20849217
Financials
Source: NTREIS #20849217
Source: Public records
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%. 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.
Other resourcesWhat 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.