3311 Rocky Hollow Trl, Georgetown, TX 78628
3 beds · 2 baths · 1,761 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Thoughtfully Updated Single-Story Home with a Pool! This inviting 1-story home, remodeled in 2015, blends modern updates with charming details. Featuring 3 comfortable bedrooms and 2 full baths, it’s the perfect space to make your own. The warm and welcoming living room is highlighted by a beautifully refaced floor-to-ceiling gas or wood-burning fireplace, creating a cozy focal point for gatherings. The kitchen is both stylish and functional, boasting granite countertops, updated cabinetry, and modern lighting to make meal preparation a delight. Ceiling fans in all bedrooms add an extra layer of comfort throughout the home. Recent updates include newer double-pane windows throughout, A/C and heating system, blown insulation in the attic, and roof ridge vents. Screened gutters, safety pool fence (easy to set up or take down as needed). The garage is equipped with a 220 outlet, installed in 2024. Step outside to your backyard oasis, where trees provide dappled shade over the patio, creating the perfect spot to relax. The sparkling pool features a tranquil waterfall, offering the soothing sound of flowing water, and the fire pit area is perfect for cozy evenings with friends and family. Conveniently located just minutes from downtown Georgetown and the lake, this thoughtfully updated home offers comfort, style, and easy living. Don’t miss your chance to see this exceptional property—schedule your tour today!
Source: ACTRIS #4184701
All values shown are estimated costs / mo.
Source: Public records
Source: ACTRIS #4184701
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.
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.
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.