2809 Transit Dr, Killeen, TX 76543
3 beds · 2 baths · 1,468 sqft
Welcome to this beautifully updated home at 2809 Transit Drive in Killeen, TX. With its prime location near Ft. Cavazos and convenient access to shopping, dining, and outdoor recreation, this home offers both comfort and convenience for any lifestyle. As you approach the home, you'll be greeted by fantastic curb appeal and a welcoming front porch, setting the tone for what’s inside. Step through the front door to discover saltillo tile flooring throughout the living areas, adding warmth and character to every room. The spacious living room features striking wood plank ceilings, creating a cozy yet expansive atmosphere for both relaxation and entertaining. The inviting eat-in kitchen is perfect for family gatherings, with a charming bay window that allows natural light to flood the space. It’s a cozy spot to enjoy your morning coffee or a casual meal while taking in the views. The large master suite is a true retreat, offering ample space and a walk-in closet to keep you organized. Additional bedrooms make a great accommodation for family, guests, or a home office. New windows throughout the home not only enhance its energy efficiency but also contribute to a fresh, modern look. Outside, the fenced-in backyard is an entertainer’s dream, featuring a covered pergola area ideal for hosting gatherings or simply enjoying quiet evenings outdoors; and a storage shed that provides ample space for tools, lawn equipment, or additional storage needs. Schedule your showing today!
Source: CENTRALTEXAS #567355
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Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
Source: CENTRALTEXAS #567355
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 “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.
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 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 of Equal Opportunity Act.