2302 Ryan Dr, Copperas Cove, TX 76522
5 beds · 3 baths · 3,285 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This spacious 5-bedroom, 3-bathroom, 3-car garage home offers an impressive 3,285 square feet of living space, perfect for families or those who love to entertain. The thoughtful layout includes a bedroom and full bath downstairs, ideal for guests or multi-generational living, while the remaining four bedrooms are tucked away upstairs, offering privacy and convenience. Three of the bedrooms feature walk-in closets to provide you with ample storage. Upstairs, enjoy movie nights or gaming sessions with built-in surround sound speakers in the cozy loft. The heart of the home is the kitchen complete with stainless steel appliances, a breakfast bar, a built-in wine rack, and charming dining area framed by bay windows. The large pantry and laundry room offer additional storage to keep everything organized. Step outside to relax on the covered front porch or the back patio with a wooden deck, where you can take in stunning views of the City. This home combines comfort, and a great location, making it the perfect place for you to create lasting memories. Don't miss out to make this exceptional property yours!
Source: CENTRALTEXAS #559355
Source: CENTRALTEXAS #559355
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.