228 Westbury Ln, Georgetown, TX 78633
4 beds · 4 baths · 2,931 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This property presents a unique opportunity to enjoy comfortable living in a desirable location with around $55k in improvements over the last few years. The living room, with its soaring high ceiling and vaulted ceiling, provides an expansive atmosphere for both relaxation and entertainment. A fireplace adds a touch of warmth and character, while built-in shelves offer a practical and stylish storage solution. A large kitchen island serves as a central gathering spot, perfect for meal preparation or casual dining. The master bathroom offers a luxurious experience, featuring a tiled walk-in shower that provides a spa-like retreat. A jetted tub offers a soothing escape. The double vanity provides convenience and ample space. This home includes a screened in back patio to enjoy the outdoors from the comfort of the indoors, a front porch to sit and relax, and a laundry room for managing household tasks. With four bedrooms and 3 1/2 bathrooms, there is plenty of space for everyone. The property also includes a two-car garage. This Georgetown residence, with its blend of comfort and style, is ready to welcome you home.
Source: ACTRIS #9864544
Source: ACTRIS #9864544
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.