6517 STRELITZIA CV, Round Rock, TX 78665
Discover this thoughtfully designed and well maintained home in the sought after community of Siena in Round Rock. Built in 2020 by Meritage Homes, your next home boasts 4 bedrooms and 3 full bathrooms all on one story. The 4th bedroom can easily be used as a second living space for more entertaining. The modern kitchen with stainless steel appliances, flows seamlessly into the spacious living and dining areas. Retreat to the tranquil primary bedroom, where soaring high ceilings create an airy, open atmosphere. Indulge in the primary bathroom, featuring dual vanities, walk in shower and a large walk in closet for fantastic storage. The covered back patio is perfect for grilling and dining alfresco. Don’t overlook the premium upgrades, including the durable epoxy garage flooring, tankless water heater, water softener and the energy efficiency of the spray foam insulation. The Siena community offers an array of amenities, including a sparkling pool, basketball court, playground, and scenic walking trails. Enjoy the tranquility of suburban living while being just minutes away from shopping, restaurants, and easy access to highways and 130, making your commute a breeze. For fun and recreation, you're only 10 minutes from the thrilling Kalahari Water Park, complete with bars and dining options. The nearby Rock 'N River Water Park and Dell Diamond add even more to the list of local attractions. Another added bonus of this home, is you can see the Round Rock and Hutto fireworks. Shows even better in person, so make your appointment today! This home qualifies for up to $17,500 in down payment and closing costs assistance.
You may be able to put down less than the total down payment amount of $171,914 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #5208902
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.