2607 BOLZANO TRL, Temple, TX 76502
4 Bdr • 2.5 Bath • 2,325 Sq Ft – All for the jaw-dropping price of $370,500! LOWEST PRICED PER SQUARE FOOTAGE IN THE SUBDIVISION! Assume this home’s 5.25% mortgage. If you’re looking for the perfect home in Temple, Texas, look no further! Flintrock Homes really outdid themselves with this one – and so can you, by getting all this space and elegance without losing your shirt in the process! Why you NEED this house: Living Room: Electric-burning fireplace for those times you want to feel fancy without the risk of burning anything down. (Plus, an outlet on the floor because, well, convenience.) Kitchen: Stainless steel everything, granite countertops, and a pantry big enough to store all your “I’ll cook at home more often” aspirations. Master Bathroom: A frameless walk-in shower, garden tub, and his-and-her sinks to keep the peace. Plus, granite countertops so you can literally start your day on a rock-solid foundation. Outside Perks: Covered patio? Check. Enough space for a small pool? You bet. Backyard views? Absolutely, complete with trees that you don’t have to water. Location, Location, Location: Just a 10-minute drive to all the action in Belton or Temple, with I-35 close by for those spontaneous “let’s go somewhere” moments. This home is basically luxury living on easy mode. Swipe right on this beauty before someone else does!
You may be able to put down less than the total down payment amount of $31,730 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #9134307