1801 Joan Dr, Copperas Cove, TX 76522
4 beds · 3 baths · sqft
This charming 4-bedroom, 2-story home offers both comfort and style, perfect for family living. As you approach the home, you’re greeted by a long, inviting front porch—ideal for relaxing and enjoying the view. Step inside, and you’ll immediately notice the cozy living room, featuring a warm fireplace that’s perfect for chilly evenings, and beautiful hardwood floors that flow throughout much of the home. The heart of the home is the spacious kitchen, which boasts updated appliances, sleek granite countertops, and stylish tile flooring. An island in the center adds extra prep space and provides a great spot for casual meals. Whether you're cooking for family or entertaining friends, this kitchen has it all. Conveniently located off the kitchen is a half bathroom, making it easy for guests to access. The master bedroom offers a peaceful retreat, complete with wood flooring and an en suite bathroom that’s truly a private sanctuary. The en suite features a luxurious garden tub, a separate shower, a double vanity for ample counter space, and two separate walk-in closets. There’s also a water closet for added privacy. The additional three bedrooms are located upstairs and are equally spacious, each with hardwood floors and ceiling fans for comfort year-round. The backyard is an entertainer’s dream. It includes a large covered patio, perfect for outdoor dining or relaxing, and plenty of space for kids or pets to play. Mature trees provide natural shade, keeping the yard cool and inviting during the summer months. This home combines traditional charm with modern amenities, making it a wonderful place to call home. Don’t miss the chance to make it yours—schedule a tour today!
Source: CENTRALTEXAS #561860
Interest rate and monthly payment estimated based on public records.
Source: CENTRALTEXAS #561860
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
MLS ID: #561860
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.