248 Treehaven Ct, Buda, TX 78610
4 beds · 3 baths · 2,724 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Don't miss your chance to own this beautiful 4 bed/2.5 bath home in the desirable Estates of Whispering Hollow, sitting on a treed lot on a dead-end street! The home lives like a one story, yet has a generous upstairs game/bonus room w/half bath and has many possibilities. The home offers natural light with high ceilings and an open floor plan including a separate office. The large kitchen island, breakfast area and huge family room are great for entertaining. The covered front porch and large backyard with covered patio offers the perfect place to relax. The home is located in a wonderful community with amenities like a pool and splash pad, park, playground, sports courts, and hike-and-bike trails. Families will appreciate the highly rated schools including Elm Grove Elementary, Dahlstrom Middle School, and Johnson High School. Conveniently located near downtown Buda, Main Street shopping and dining, SH45 toll, and just a short drive to downtown Austin. This home won’t last long!
Source: ACTRIS #3383722
Source: ACTRIS #3383722
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.