4914 Woodbury Mill Dr, Spring, TX 77389
4 beds · 2 baths · 2,196 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Beautiful 4 bedroom gem located in sought after Sawmill Ranch. This custom-built home is loaded with amenities including new carpet, custom paint, water softener, reverse osmosis, wired for hdmi/ethernet cables, wired for sound including patio, sprinkler system, and more. The home has all the features you could want media room/gym/home office, formal dining, tiled breakfast area that is open to the living room. Enjoy family get togethers in this open floor plan with living area showcasing gas fireplace and lots of solar screened windows. Spacious bedrooms with ample closet space. Kitchen is perfect for the home chef to feel right at home, granite counter tops, stainless steel appliances, double door fridge. Laundry room is conveniently located right outside of the kitchen with Samsung washer and dryer. Enjoy outdoor living in the fully fenced backyard with covered patio with ceiling fan. This neighborhood has playground area, splash pad and two ponds with great walking trails.
Source: HAR #18806921
Source: HAR #18806921
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.