730 Kenney Dr, Copperas Cove, TX 76522
4 beds · 3 baths · sqft
Are you looking for a two-story home with primary and second bedrooms on the first floor in the countryside situated on almost an acre lot? This John Hitt built home offers that and much more. This home is nestled within Sunset Estates and enjoys low property taxes (no city tax). The large covered front porch invites relaxed country living. There is enough space to place your outdoor furniture, plants and any of your outdoor decorations. The front door glass panels allow for the natural light to ray into the wide foyer (with a coat closet). The impressive crown moldings start in the foyer and continue throughout the first floor. The floorplan allows the easy flow from the kitchen (granite countertop, breakfast bar, stainless steel appliances, new installed range {never used} into the living room and formal dining room (Tudor French doors). There are two pantries which allow for more storage. An impressive, coffered ceiling with its crown moldings is displayed in the primary bedroom (1st floor) with a full bath (jacuzzi tub, shower, double vanity and walk-in closet. Adjacent is a second bedroom. Another full bath is also located on the first floor. As you step up onto the second floor you will be greeted by a large panoramic window. An inbuilt bookshelf is right off the stairway. The two large bedrooms share a Jack and Jill bathroom with each side having its own built-in cabinet and sink. Enjoy the large screened-in back porch. The backyard is partially fenced in with chain link fencing (portable storage building). Besides the side entry garage, more parking is available due to the extended paved driveway.
Source: CENTRALTEXAS #552150
Interest rate and monthly payment estimated based on public records.
Source: CENTRALTEXAS #552150
Source: Public records
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: #552150
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.