213 Spring Meadow Ln, Belton, TX 76513
4 beds · 2 baths · 2,141 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Absolutely breathtaking! This 4-bedroom, 2-bathroom home sits on a sprawling lot adorned with lush, fruitful trees, just moments away from Belton Lake. Inside, you'll find a captivating stone wood-burning fireplace, complemented by tile flooring throughout the main living areas, inviting in plenty of natural light. The kitchen is a chef's dream, boasting a cozy breakfast area, an expansive eat-at center island, pantry, breakfast bar, and gleaming granite countertops installed in 2020. The master bedroom is a sanctuary, featuring a trayed ceiling adorned with crown molding and a ceiling fan for added comfort. Step into the master bathroom, where wood-look tile flooring sets the stage for a luxurious experience, complete with a Jacuzzi tub, walk-in shower, double sink vanity with granite countertop, and a spacious walk-in closet. Three additional bedrooms and another bathroom, complete with dual vanities and granite countertops, offer ample space for guests or family members. Step outside to the vast backyard oasis, featuring a generous covered patio, privacy fence, sprinkler system, a convenient storage shed, and a built-in stone smoker, perfect for outdoor gatherings. This home is a true showstopper, ready to welcome its new owners!
Source: CENTRALTEXAS #572411
Source: CENTRALTEXAS #572411
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.