312 E Hunting Tower Run, Montgomery, TX 77316
3 beds · 2 baths · 1,421 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This 3-bedroom, 2-bath, 2-story home in Lake Conroe Forest offers the perfect mix of comfort, storage and lake life convenience! Inside you'll find laminate wood flooring, stainless steel appliances and 2" faux wood blinds throughout. The primary suite is on the 1st floor complete with an ensuite bath. Upstairs are 2 spacious bedrooms, both with built-in desks and large closets, plus a secondary full bath. The backyard is ready for entertaining with a covered back patio overlooking the fenced yard, raised garden beds and 2 outdoor buildings. One is a storage shed while the other has electricity and is set up as a bar—the perfect spot for relaxing or hosting guests. A 30x24 metal workshop with pull-through doors provides plenty of space for covered parking and all your storage needs. Located in the sought-after Lake Conroe Forest, this community offers 3 lakes, 10 parks including a playground and basketball courts, a community building and a private boat launch that accesses Lake Conroe
Source: HAR #15556854
Source: HAR #15556854
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.