4395 Hannover Way, Round Rock, TX 78681
3 beds · 2 baths · 1,782 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This is a great one story floorplan with 3 bedrooms PLUS a dedicated office and 2 full bathrooms. Enjoy the open concept living, kitchen and dining spaces with lots of natural light and a functional kitchen layout. The kitchen features a center island, built-in gas cooktop and oven, upgraded vent hood, Bosch dishwasher, other Wi-Fi enabled appliances and a water filtration system at sink. Ceramic tile flooring throughout main living area allows for low maintenance living. All bathroom, kitchen, and flooring tiles have been sealed. Great functional layout with 2 bedrooms and a bathroom near the front of the home and a primary suite in the rear. Primary ensuite includes large dual vanity, walk-in closet and walk-in shower with bench seating. There’s also a built-in mudroom storage in the laundry room located near the garage. Additional features include a tankless water heater, Radon & CO detectors, smart thermometer, keyless entry and wired for Cat6. Washer, dryer and fridge all convey. The home backs up to Texas Crushed Stone quarry, so you can enjoy a private backyard with no rear neighbors. The covered back patio is ideal for entertaining and is pre-wired for ceiling fan and outdoor speakers. Yard has irrigation system and rain sensor. Highlands at Mayfield Ranch is a great neighborhood with several amenities in very close proximity to Southwest Williamson Country Regional Park. Amenities include swimming pools and splash pad, clubhouse to host private events, miles of hike & bike trails, multiple parks/playgrounds, basketball, tennis and pickleball courts, soccer field, and more. Not to mention HOA planned community activities. With quick access to 1431 to access US-183 or I-35, you’ll be able to get to almost all major area employers in no time. Conveniently located just a few miles away from several shops and restaurants, the outlet mall, Target, Costco, HEB or Whole Foods.
Source: ACTRIS #2518214
Learn about how it works
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
All values shown are estimated costs / mo.
Source: Public records
Source: ACTRIS #2518214
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 of Equal Opportunity Act.