7709 Little Deer Trl, Georgetown, TX 78628
5 beds · 4 baths · 3,073 sqft
Discover this beautiful 5-bedroom, 3.5-bath home in the Villages of Berry Creek just minutes from the historic Georgetown Square. Enjoy an AMAZING backyard oasis with mature trees and serene greenbelt views, offering privacy and natural beauty. This lovely home offers the perfect blend of charm, style, and modern convenience. Thoughtfully designed with custom upgrades, this home features an inviting front porch with a cozy swing, a gorgeous staircase with black iron balusters and red oak treads, and stylish touches like shiplap wall accents, dimmable lighting, and an extended grilling deck. The warm, neutral color palette creates an inviting atmosphere throughout. The spacious primary suite is conveniently located on the main floor, while upstairs offers four additional bedrooms—one with a private ensuite and two sharing a well-appointed Jack-and-Jill bath. With two large living areas and a charming wood-burning fireplace, this home provides ample space for relaxation and entertaining. SPECIAL FINANCING AVAILABLE. If buyer uses seller's preferred lender, lender will pay for the cost of a 1/0 temporary rate buy-down, meaning the buyer’s 1st 12 monthly payments of the loan will be calculated at a 1% lower rate. Minutes from HEB, Costco, Target and easy access to I-35, SH 130, and Highway 195, making commuting effortless. (See attachments for a full list of upgrades and features.) BOM- buyer financing fell through.
Source: ACTRIS #5848714
Financials
Source: ACTRIS #5848714
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.
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