4407 CORINNE DR, Killeen, TX 76549
Motivated seller has made a HUGE Price Improvement! Beautiful curb appeal captures your attention & invites you into this immaculate & lovingly maintained home. Solar panels are PAID OFF & ELECTRICAL SAVINGS ARE PASSED ON TO NEW OWNERS. Sellers monthly bill is half! This home combines modern elegance & comfort. The heart of the home is undoubtedly the open floorplan combining kitchen, DN & LV w/ plenty of space for all to gather. Discover a bright & open interior w/ plenty of natural light & a neutral color palette, complimented by a corner brick FP. The large kitchen is a culinary haven w/ custom cabinets offering abundant storage & NEW cabinet hardware. NEW Stainless Steel GE appliances - built in microwave, smoothtop electric range & DW, & WI pantry. Designed for both functionality & aesthetics, this kitchen has elegant granite countertops & subway tile back splash adorn a dbl SS sink & large island w/ breakfast bar. This residence boasts 2 master suites each w/ it's own full bath. The biggest master is a lavish retreat w/ a separate shower, garden tub, separate vanities and a private water closet. A split floorplan provides owners privacy w/ 2 more guest bedrooms & another full bath. Step onto back 20 x 9 covered patio & relax in this inviting space w/ an eyecatching side wall built to keep out the sun as well as the neighbors. The solar lights on back wooden privacy fence create comforting nightime ambiance. Crepe Myrtle shrubs & new shed w/ a ramp are additions to the back yard. Permitted & built by the owner, 8 x 9 utility shed has a metal frame on concrete cinder blocks. Home has 3 car garage w/ 1 bay currently used as a workshop. Smart features include ring doorbell & ring cameras & will convey. Additional amenities include lighted ceiling fans, blinds & vinyl planking throughout; some NEW light fixtures, gutters, sprinkler & security systems. Refrigerator, W & D convey w/ a full price offer.Call agent for details
You may be able to put down less than the total down payment amount of $32,495 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: #9938891