314 CASSANDRA DR, Hutto, TX 78634
Whats special: water softener, Tesla charger, water filtration, irrigation system MOVE-IN READY! This 4 bedroom 2 bathroom home is an immaculate, well-maintained home with a ton of upgrades! These well thought out upgrades include a water softener, a water filtration system, a full sprinkler system, a Tesla car charger, an extension added to back patio, convenient hanging garage storage, as well as custom screens on all windows to help keep the home cool in the hot summer Texas heat! With fresh new paint throughout, step inside and be greeted by a light-filled interior. This home is perfect for families seeking a spacious and open floor plan. The kitchen has an open space concept with tons of cabinet storage as well as a large pantry room, fitting all your storage needs! The master bedroom is tucked away from the other rooms, allowing you to have your own quiet retreat. Each of the additional bedrooms are very spacious, and can be utilized as bedrooms, office space or even playrooms. There is endless opportunity, with this floor plan! As if that isn’t enough, escape to your own private oasis in the spacious backyard, and enjoy family dinners on the patio with room for a huge play area in the sun or under the shade of your private tree! In addition, the property includes a two-car garage with a remote control, offering not only convenience but also the peace of mind that your vehicles are safe and secure. This home has access to several pools as a part of the HOA, is conveniently located minutes from school district, minutes from toll roads and minutes from convenient shopping. Don't miss out on this incredible opportunity - schedule your private showing today!
You may be able to put down less than the total down payment amount of $135,523 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: #8319483