6402 Cool Creek Dr, Killeen, TX 76549
3 beds · 2 baths · 1,353 sqft
Beautiful home built in 2016 with three bedrooms and two full bathrooms, two car garage, refrigerator, washer and dryer included. This home has high ceilings and shows larger than the square footage, and it has been maintained to high standards. This home is conveniently located near the Killeen Airport, the Killeen campus of Texas A&M University, and Fort Cavazos. This home has a spacious family room and features an open floor plan, keeping the chef with family and friends. The kitchen has a breakfast bar and walk-in pantry. The home comes with stainless steel appliances that include a glass top range with self-cleaning oven, built-in microwave, dishwasher, and the side-by-side refrigerator is included. The split floor plan allows privacy for the owners. The master bedroom has a high ceiling with a ceiling fan and walk-in closet. The master bathroom has tile flooring, vanity with two vanities, separate shower, and over-sized garden tub. All bedrooms and the family room have double-switched ceiling fans. The yard is nicely landscaped, and there is an in-ground sprinkler system in the front and back. The back yard has a covered patio and wood privacy fencing.
Source: CENTRALTEXAS #558250
Source: CENTRALTEXAS #558250
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: #558250
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.