504 Mesquite Cir, Copperas Cove, TX 76522
3 beds · 3 baths · sqft
There is a reason Cove is the nickname for Copperas Cove. This charming three-bedroom, two-and-a-half-bath home offers a peaceful retreat from the hustle and bustle of everyday life. The expansive lot, beautifully landscaped, provides ample space for both family members and fur babies to play. The backyard features a playscape that will remain with the house, while the inviting front porch is perfect for relaxing and visiting with neighbors. The patio is ready for summer barbecues or early morning coffees. As you enter the home, you’re greeted by a spacious dining area on your right, ideal for dinners with family and friends. The kitchen, a cook’s delight, is well-appointed and adjacent to a large utility room, providing plenty of space for pantry items and kitchen gadgets. The extra-large washer and dryer fit snugly here, and a cozy breakfast nook is perfect for quick meals. The living area is expansive, ready to accommodate a large sectional for your TV binge-watching sessions. A convenient half bath on the main floor is perfect for guests. Upstairs, you'll find your true sanctuary. The additional bedrooms and second bath offer just the right amount of space for individual needs. The master suite is a haven of relaxation, spacious enough for a king-size bed and additional large furniture. The master bath features a luxurious soaking tub and a separate shower, providing a perfect escape from the outside world. This home truly is a quiet and secluded cove where you can live the rest of your life in comfort and peace. Call today to schedule a viewing and make this your new home!
Source: CENTRALTEXAS #542544
Interest rate and monthly payment estimated based on public records.
Source: CENTRALTEXAS #542544
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: #542544
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