2012 Fretboard St, Round Rock, TX 78664
3 beds · 3 baths · 2,068 sqft
A timeless brick facade faces the street, but the real show stopper is the HUGE backyard with plenty of space for a playscape, a garden, and that outdoor hangout you’ve been Pintresting for months. Step inside and enjoy two living spaces, both equipped with wall raceways to hide those pesky cords. In the kitchen you will find plenty of space with long granite counters, cabinets galore, energy-efficient appliances and a breakfast bar that opens up to the living room. Stroll up the stairs, walk through the double doors and enjoy a spacious primary suite located on the south side of the home with an en-suite bathroom, walk-in closet, and a cozy corner nook that you can turn use as a reading corner, mini gym, desk area or.. Well, whatever you want. The primary bathroom has a tiled walk-in shower, dual vanity and linen closet for storage. Upstairs, you will also find the second full bathroom which has a proper bathtub, plenty of room on the counters and a space for a vanity seat. The two other bedrooms are nearly identical, sporting standard sized closets and a window on the opposing wall. FYI: the washer, dryer, and fridge stay with the home. Now, let’s talk LOCATION: You’re just 3 minutes from Greenlawn Crossing, where you’ve got HEB, Starbucks, Orange Theory, Juiceland (coming soon!), and much more. Need to commute? Enjoy quick access to both I-35 and 45 so you are covers going any direction. The area is also served by Pflugerville ISD and is part of Travis County as well as the Greenlawn Village Condo Regime, whose association maintains the community streets, playground, solar powered street lights, and shared spaces. This 2019 KB Homes-built beauty is ready to give you all the space, style, and convenience you’ve been searching for.
Source: ACTRIS #7371043
Financials
Source: ACTRIS #7371043
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.