8101 Northgate Loop, Temple, TX 76502
4 beds · 3 baths · 2,365 sqft sqft
TALK ABOUT FEATURES and FLEXIBILITY! NEW ROOF INSTALLED IN AUGUST. If you love to spend time at home, then this is for you. Fabulous home has a MEDIA ROOM (could be game room, exercise room, craft room, etc.) large enough to enjoy family movie night in comfort. UPSTAIRS LIVING SPACE/LOFT gives the children/teenagers/other adults somewhere to spread out and play. Then there is an OFFICE area for anyone needing privacy for work or play. Plenty of room for everyone in this home with these spaces plus main level living room with fireplace, 4 roomy bedrooms, 2.5 baths, 2 living spaces, 2 dining areas and kitchen with pantry. Kitchen has granite counters and stainless appliances. Bedroom closets are roomy and well-designed to maximize storage. Main level primary bedroom. Primary bath has dual vanities, separate shower, soaking tub and walk-in closet. Main level laundry room has shelf and hanging room plus cabinet with granite countertop. Main level powder room. Loads of natural light in living, kitchen, and dining areas. Color palette will work with any decor. Home is incredibly clean and well-maintained. The curb appeal will show you that this home has been well-loved. Backyard larger due to location on curve of road. Firepit and (3) raised garden beds in backyard. Covered patio. Belton ISD. Convenient to parks, shopping, restaurants, and entertainment. Safe Splash (indoor pool) being built within walking distance. Burrell Elementary and North Belton Middle School within walking distance along with Kids R Kids Day Care. Crossroads Park also within walking distance for baseball, softball, soccer and tennis. Check this one out today!
Source: ACTRIS #2641749
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #2641749
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: #2641749
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.