600 Whispering Oaks Dr, Salado, TX 76571
3 beds · 4 baths · 3,098 sqft sqft
DREAMY UPDATES IN THIS MID-CENTURY home nestled on a large corner lot in the Mill Creek Golf Subdivision of Salado, Tx. MUST SEE IN PERSON! All updated PAINT-ELECTRICAL-WINDOWS (except two original lead glass windows that frame the living room fireplace). LVP flooring in gorgeous English Oak tones in the main areas and carpet in secondary bedrooms. Thoughtfully re-designed CHEF’S KITCHEN with double ovens, hard marble counters, custom porcelain-dipped cast iron sink and 14ft breakfast bar that is open to living and dining areas. TWO WOOD-BURNING FIREPLACES in dining and living. Redesigned living area includes office and two double French doors to AMAZING OUTDOOR LIVING – includes POOL, SPA, COVERED PATIOS and Gas-plumbed firepit! Primary suite is on the main level with a large SPA bathroom – completely renovated to include double vanity, modern soaking tub and walk in shower with exquisite tile combinations. TWO LARGE walk-in closets include dressing vanity and built in shelving. SECONDARY MAIN LEVEL BEDROOM has EN-SUITE BATH for IN-LAW or guest privacy. Second level has a bedroom, full bath PLUS a loft living area. Water Heater is TANKLESS+TANK! Manicured outdoor living from corner to corner – you won’t be able to decide whether to be inside or out! SO MANY THOUGHTFUL touches make this home and property truly unique. GOLF CART FRIENDLY streets include easy access to GOLF CLUB and HISTORIC downtown dining, shopping and Salado Creek! 25 min to Georgetown, 40 minutes to Austin.
Source: ACTRIS #7681511
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #7681511
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.
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: #7681511