416 Spoleto Dr, Liberty Hill, TX 78642
5 beds · 4 baths · 3,049 sqft
Bedroom with full bathroom downstairs, primary with ensuite downstairs, 2nd primary with ensuite upstairs, media room and loft!! Welcome to your dream home in Santa Rita Ranch resort style where community matters. This stunning 5-bedroom, 4-bathroom residence boasts elegance and comfort at every turn. Step inside to discover a home designed for both style and functionality. The downstairs guest bedroom is complete with its own fully equipped bathroom. Upstairs - one of the three bedrooms features an in-suite bathroom. The expansive living space features tile flooring throughout the downstairs living area (recently replaced in Sept. 2023), creating a seamless flow from room to room. The heart of the home is adorned with a custom built entertainment center, providing the perfect space for family gatherings or entertaining friends. The kitchen is a chef's delight, equipped with modern appliances and ample counter space. Custom shelves in the primary bathroom and a customized closet in the upstairs middle bedroom add a touch of luxury and practicality. Enjoy quiet movies at home in the theater room! Embrace the Texas evenings on your covered front and back porches, the latter overlooking a backyard shaded perfectly in the afternoon for relaxation, and no back neighbors ensures privacy. This home is not just a dwelling; it's a lifestyle. Enjoy the convenience of a full automatic sprinkler system, making lawn maintenance a breeze. Plus, take advantage of the proximity to the school, pool, amenities, and a dog park, all within walking distance. Located in the esteemed Liberty Hill ISD, this residence offers not only a top-notch education for your family, but also a sense of community that extends beyond the school walls. Don't miss the opportunity to make this house your home. Schedule a showing today and experience the perfect blend of modern living and timeless charm. Your dream home awaits!
Source: ACTRIS #2939536
Financials
Source: ACTRIS #2939536
Source: Public records
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%. 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.
Other resourcesWhat 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 “Get Notified” 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 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.