217 Slippery Elm Dr, Nolanville, TX 76559
4 beds · 3 baths · sqft sqft
Welcome to your dream home in Nolanville's charming Wildwood Estates, where this spacious 4-bedroom, 2 1/2-bathroom residence awaits to fulfill your every desire. Nestled in a friendly neighborhood known for its community spirit this home offers a tranquil haven for anyone. Some current neighbors of yours include service members such as active military, veterans, police, and firefighters alike. Upon entering, you'll be greeted by a cozy fireplace, perfect for creating cherished holiday memories and fostering a sense of togetherness. The large picture window bathes the living area in natural light, enhancing the inviting ambiance of the home. The heart of this residence is its expansive kitchen, complete with abundant cabinet space, a convenient kitchen island, and a large corner pantry, ideal for the culinary enthusiast. Imagine preparing meals while engaging with loved ones in the adjoining dining area, where conversations flow effortlessly. The master bedroom offers a tranquil retreat with its spacious layout, complemented by a luxurious walk-in shower, a rejuvenating Jacuzzi tub, and a generously sized walk-in closet. Each additional bedroom provides ample space for members or guests, ensuring comfort and privacy for all. Outside, the large backyard beckons for outdoor gatherings and playtime, promising endless opportunities for relaxation and entertainment. The laundry provides practicality and organization, making it easy to keep the home tidy and clutter-free. In this tight-knit community, quiet neighbors and a sense of camaraderie prevail, creating a welcoming environment for anyone to thrive. Whether you're hosting holiday festivities by the fireplace or enjoying peaceful moments in your private oasis, this gorgeous home embodies comfort, elegance, and the essence of joyous living.
Source: CENTRALTEXAS #548153
Interest rate and monthly payment estimated based on public records.
Source: CENTRALTEXAS #548153
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: #548153
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.