501 Delmar Dr, Copperas Cove, TX 76522
4 beds · 3 baths · 2,548 sqft sqft
Welcome to this spacious and beautifully updated home boasting over 2500 square feet of living space, located on a corner lot. With 4 bedrooms, 2.5 baths, and no carpet throughout, this home offers a perfect blend of comfort and style. As you step inside, you'll notice the new flooring and recently painted walls that create a fresh and inviting atmosphere. The open layout provides plenty of space for both relaxing and entertaining, with a seamless flow between the living areas. The heart of the home is the stunning kitchen, featuring modern appliances, ample cabinet space, and a center island perfect for meal preparation or casual dining. Adjacent to the kitchen is a spacious dining area, ideal for hosting family gatherings or dinner parties, complete with a cozy wood-burning fireplace. Upstairs, you'll find the expansive owner's suite, complete with enough room to accommodate a king-sized bed and a sofa or love seat for added comfort. The ensuite bathroom offers a luxurious retreat with dual vanities, a soaking tub, and a separate shower. Outside, the property boasts a corner lot with a well-maintained yard and landscaping, providing a private oasis for outdoor enjoyment. The roof, only 3 years old, offers peace of mind and ensures that this home is ready for many years of comfortable living. This home truly offers the best of both space and style, making it the perfect place to call home for those looking for a modern and spacious retreat.
Source: CENTRALTEXAS #553990
Interest rate and monthly payment estimated based on public records.
Source: CENTRALTEXAS #553990
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
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.
MLS ID: #553990
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.