Limited time: Pay only $1,000 to assume a low rate mortgage when you sign a purchase contract between 12/11/24 and 1/10/25 *
VA loan
1 of 40
VA loan
$354,900

1831 White Indigo Trl, Round Rock, TX 78665

3 beds · 2 baths · sqft

OPEN HOUSE SATURDAY 12/14 1-4PM!!! $0 DOWN PAYMENT & NO MORTGAGE INSURANCE PROGRAM AVAILABLE! Absolutely adorable & affordable classic white limestone house on a shady tree covered lot in highly coveted Chandler Creek! This home has lots of recent upgrades & has an open floorplan w tall architectural ceilings & large picture windows that bring in tons of natural light making this a bright & happy home! This lovely home features recently installed beautiful LVP flooring (no carpet!), iron lighting & wood burning fireplace w tile surround & fluted mantle! You will love the open kitchen boasting recent Carrera Quartz counters, tile backsplash, SS appliances w a 5 burner gas stove & deep farm sink w gooseneck faucet! The oversized primary bedroom has a spa like bath w new furniture style double Quartz vanity w shaker style cabinets, brushed nickel waterfall faucets & hardware, separate tub & shower w tile surround, custom mirror (installed this coming weekend) & big walk in closet! The secondary bath also features a new cabinet, counter, ORB faucet, tile surround tub & wood trimmed mirror! The backyard boasts a covered patio w roll down shade overlooking the big backyard w multiple sitting areas, Fig & Chinese Rain trees & recently replaced back fence! Its the perfect place to entertain friends & family! This location is perfect & the neighborhood includes access to the amazing Chandler Creek Rec center featuring pool, splashpad, volleyball, basketball & tennis courts, multiple playgrounds, soccer fields, flowing creeks w walking bridges & big pavillion for gatherings! 15 min to DELL & the new Apple campus & easy commute to the new Samsung plant! 10 min drive to Teravista Golf club, Outlet Mall, Chuys, Torchy's, Sushi, La Fronterra & tons of yummy restaurants! What a great place to live!

Estimated
Seller's interest rate
4.13%
7%
Estimated
Principal & interest
$701/mo.
$886
You may also save up to $43,932 in total interest paid.
Listing price
$354,900

Your cash down payment
$241,049
Seller’s estimated current equity is $241,049
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with a 2nd mortgage.
Estimated $701 monthly payment

Financed
$113,850
Assumed mortgage 4.13% • Seller's rate
$113,850
2nd mortgage 9% • No prepay penalty
$0

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
Details
Home
Lot size
0.1728 acres
Year built
2000
Type
Single Family Residence

Source: ACTRIS #6440784

Loan
Remaining term
19 years, 10 months
Rate
4.13%
Monthly P&I
$701
Remaining loan balance
$113,850

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

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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.

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Last updated: Dec 23, 2024 12:00 am
Listing agent: Chrissy Caputo
Listing provided courtesy of: Austin Summit Group (512) 250-0253
Details provided by ACTRIS and may not match the public record.
MLS ID: #6440784
Based on information submitted to the MLS GRID as of Dec 23 2024 - 00:29. 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.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$701/mo
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