2 ACACIA WAY, Georgetown, TX 78633
This beautiful Summerwood floorplan is a full two bedroom, two full baths an office and two living areas. VA buyer? Va loan is assumable for qualified buyers at 2.25%, inquire within. Extras include owned solar system, spacious sun room, and a large screened-in back porch. The large 0.31 acre lot features amajestic oak and low-maintenance, water-efficient landscaping. There is a full golf cart garage making this a 2.5 space garage tandem style. Concrete coating on the driveway and walkway and plumbed water softner loop inside garage. Georgeous honey-colored hardwood floors through out the house except for bathrooms and laundry. Kitchen has soft-close drawers and roll out shelves in the lower cabinets. The living room has a tray ceiling and a fireplace with a fan that forces hot air into the room. The large primary bedroom has a high tray ceiling and sunny bay windows looking out into the back yard. Primary bath has upgraded rain shower and separate soaking tub. Next to the living room is a beautiful sun room or 2nd living space that leads out onto the very spacious screened-in back porch that is plumbed for a sink and gas grill with 3 ceiling fans, plus extra lighting and electrical outlets. The laundry room is extra-large with lots of cabinets and both electric and gas hooks up for the dryer. Easy access from Del Webb Blvd to Williams Drive where you will find Walgreens, Randals and many other national and local businesses. Sun City features a retired life style with tennis, golf, pickleball, swimming, fitness and numerous clubs and activities. Love where you live.
You may be able to put down less than the total down payment amount of $269,822 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: #7747904
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.