204 Spring Branch, Springtown, TX 76082
2 beds · 2 baths · 1,242 sqft sqft
Charming 2-bedroom, 2-bath Springtown home situated on a spacious corner lot, offering privacy, style, and modern comforts. The moment you enter you find a thoughtfully updated interior with new lighting and fixtures in every room, and beautiful laminate flooring that flows seamlessly through the living room, dining area, kitchen, and hallway. The entire home, including ceilings, was repainted within the last two years, giving it a fresh and inviting feel. In the living room, enjoy the cozy fireplace flanked by custom-built bookshelves—perfect for storage and display. The laundry room features added shelving and a floor cabinet, maximizing storage solutions. The home boasts a recently replaced roof (only 3 years old) and updated landscaping, while the exterior has been freshly painted for lasting curb appeal. The front porch includes a new, stylish front door with a window and a storm door for added protection. The primary bedroom has custom wall shelving and a unique, custom-made headboard, adding to its personalized charm. Outside, the fully fenced backyard provides privacy and serenity with a dedicated vegetable garden, lush landscaping, and abundant trees. Relax on the back porch or in the shaded area with a hammock and shade-loving plants. A 12x12 shed offers even more storage space. This beautifully maintained and upgraded home is move-in ready, offering the perfect blend of comfort, functionality, and style in a peaceful setting. Don't miss the opportunity to make it your own!
Source: NTREIS #20765618
Interest rate and monthly payment estimated based on public records.
Source: NTREIS #20765618
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: #20765618
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.