55 Golden Poppy Loop, Belton, TX 76513
3 beds · 2 baths · 1,260 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Get outside the city and see this charming home nestled in Morgan’s Point Resort. Surrounded by beautiful, mature oak trees, this residence is ideal for a variety of lifestyles. Whether you're in search of a starter home, a second home, or an investment property, this home makes an excellent choice. Inside, the home has carpeted bedrooms, tile throughout, and a new hot water heater. At the heart of the home is a spacious eat-in kitchen, with gorgeous granite countertops and stainless-steel appliances, making meal preparation a delightful experience. The home has a newly installed roof to provide protection from the elements. The traditional septic system, recently serviced and pumped in December 2023, ensuring efficient operation. Additional features enhance the appeal of this residence. All essential kitchen appliances are included, making the move-in process seamless. With a little TLC, this home offers the potential for customization to reflect your unique taste and style. Opportunities like this are rare, and this charming home won't be available for long. Experience the beauty of Morgan's Point Resort and make this property your own. Hurry and schedule a visit while it is still available!
Source: CENTRALTEXAS #570964
Source: CENTRALTEXAS #570964
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.