7 Brookhollow Dr, Wimberley, TX 78676
3 beds · 2 baths · 1,771 sqft
Nestled in the heart of Wimberley’s charming community, this inviting 3-bedroom, 2-bath home is ready for its next chapter. Located on a coveted corner lot near the golf course, this home offers a perfect blend of comfort, style, and the laid-back hill country lifestyle you’ve been searching for. Step inside and enjoy the warm ambiance of the spacious living room, complete with a cozy fireplace and beautiful wooden floors that flow throughout the entire home. The bright and airy layout is perfect for family living and entertaining guests. The kitchen is functional and ready for your personal touch, and the master suite offers a peaceful retreat with ample closet space. Two additional bedrooms provide plenty of room for family, guests, or a home office. Outside, the large fenced-in backyard is an ideal space for outdoor activities, and the expansive deck invites you to relax and take in the serene views of the surrounding trees and hills. The proximity to a neighborhood playground adds a touch of convenience for families, and the nearby golf course ensures that you’ll never be far from recreation. With its mix of modern comforts, natural beauty, and location in one of Texas’ most beloved small towns, this Wimberley home is a rare find. Don’t miss your chance to make it yours – schedule your private showing today!
Source: CENTRALTEXAS #573349
Financials
Source: CENTRALTEXAS #573349
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.