711 Mueller St, Copperas Cove, TX 76522
4 beds · 3 baths · 2,203 sqft
Discover this charming 4-bedroom, 3-bathroom home, offering 2,208 square feet of stylish and functional living space in the desirable Thousand Oaks Subdivision. Designed with comfort in mind, this home features high and tray ceilings, skylights, and solar screens for added efficiency and natural light. The inviting living room boasts a gas fireplace, perfect for cozy evenings, while the kitchen features a gas cooktop, ideal for cooking enthusiasts. The primary suite is a true retreat, offering His & Her walk-in closets, a soaking tub, dual vanity, a walk-in shower, and brand-new carpet.Each bedroom is generously sized, complete with walk-in closets and plush carpeting, plus a dedicated study.Step outside into your backyard paradise, where an in-ground pool and a serene koi pond with fish create a tranquil escape. Spend your summer nights on the covered patio, enjoying the gentle breeze from the outdoor ceiling fan while watching the sunset reflect over the pool.Located just minutes from Fort Cavazos, with easy access to shopping, dining, and entertainment, and a short drive to Austin and Waco, this home offers both a peaceful retreat and convenient city access. Don't miss out on this incredible opportunity—schedule your showing today! **1% lender incentive with the seller's preferred lender!**
Source: ACTRIS #5284354
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: ACTRIS #5284354
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.