6500 Mustang Creek Rd, Killeen, TX 76549
4 beds · 2 baths · 1,856 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Start your next chapter at 6500 Mustang Creek Rd, Killeen, TX 76549! This stunning 4-bedroom, 2-bathroom residence offers 1,856 sq. ft. of modern living space. Located just minutes from Fort Cavazos, this home offers the ultimate convenience for service members and Department of Defense Contractors who are assigned to Fort Cavazos. It provides a short commute to work and easy access to all the amenities the area offers. If you're a first-time home buyer ready to say goodbye to renting or someone looking to downsize, this move-in-ready property is packed with valuable features. This home has a washer, dryer, and refrigerator—saving you the time, effort, and expense of purchasing major appliances. Additionally, a security system is already installed, offering peace of mind and added protection for you and your loved ones. Whether you’re transitioning out of base housing, tired of paying rent, or simply ready to invest in a home of your own, this is a fantastic opportunity to make that dream a reality. With its ideal location, included appliances, and built-in security features, this home is designed to make your move as seamless and stress-free as possible. The seller is also offering a $3,000 flooring allowance! Your next chapter starts here—grab the keys and make it yours!
Source: CENTRALTEXAS #579265
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: CENTRALTEXAS #579265
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.