8013 Chimney Hill Dr, Nolanville, TX 76559
5 beds · 3 baths · 3,239 sqft
***PRICE IMPROVEMENT!!!*** $9,000 BUYER ALLOWANCE. PRICED TO SELL. NEW ROOF, NEW INTERIOR PAINT, NEW FLOORING UPSTAIRS, RE-STAINED FLOORS DOWNSTAIRS. This 5 BED, 2.5 BATH home in Bella Charca is stately and lavish, boasting a 3-car garage and over 3200 square feet. Upon entry, the stained concrete floors guide you through the living area, showcasing its soaring 19-ft ceiling and a wall of windows for natural light with a stunning Juliet balcony overlooking this area. The gourmet kitchen contains an island, granite counters, modern cabinet, mosaic back splash, breakfast bar, drop pendant lights and a stainless steel vent-hood. The downstairs Primary Suite is spacious with a beautiful tray ceiling adorned with crown molding and recessed lighting. The retreat-style bath features a double vanity, a center soaking tub, and walk-through Roman shower. The 4 additional bedrooms are spacious with ample closet space and sizable windows. Relax or entertain as you enjoy the covered patio, ready for Summer BBQ’s. Call us now to schedule your tour ASAP!!
Source: ACTRIS #7239732
Source: ACTRIS #7239732
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.