Featured
Featured
1940 CANTONATA DR, Leander, TX 78641
*4.5% assumable VA loan available or up to $3,316 in lender-paid closing costs available if buyer uses Brooke Payne at CMG.* Mockingbird Park home nestled amongst a wooded greenbelt featuring beautiful limestone & spacious interiors. Showcasing incredible 2 story ceilings, an upstairs game room & welcoming front porch, head inside to find an entryway leading to the heart of the home. The open floor plan seamlessly connects the living, dining & kitchen areas creating an ideal space for gatherings & everyday living. Natural light illuminates the home, highlighting the impeccable craftsmanship & charming modern finishes. Designed for aspiring chefs & casual cooks alike, quartz counters, modern cabinets, & built-in SS appliances await your culinary aspirations. Look out the large kitchen window framing nature's artwork - a lush expanse of trees just beyond its pane offering a natural buffer for your home. Designed with grandparents & guests in mind, the downstairs bedroom boasts an en-suite prioritizing comfort & privacy. Upstairs, the primary retreat offers a spacious layout, 2 generous closet spaces & a spa-like bathroom with dual vanities, a garden tub & glass framed shower. The additional 2 bedrooms provide spaces for family, guests, or a home office, reflecting the home's versatile design. With ample space for outdoor recreation & entertaining, the backyard is your outdoor living space & personal retreat! Quick access to neighboring 45.5 acre Devine Lake Regional Park with lake activities, pavilions, picnic areas, playscapes & trails. Located 5 minutes from everyday necessities like HEB-plus! & a short drive to the Parke & 1890 Ranch with shopping, restaurants, & entertainment. Easy access to Toll-183, Hwy 29, & Leander Station’s Metro Rail. Top rated Leander ISD schools & zoned to attend under construction Elementary 30 just 1 mile away.
You may be able to put down less than the total down payment amount of $106,259 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
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?
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #8582980
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.