837 Gallant Fox Rd, Hewitt, TX 76643
3 beds · 2 baths · 2,226 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome home to the perfect blend of comfort, community, and convenience. With friendly neighbors, and a warm, welcoming atmosphere, you'll love coming home every day. This beautiful 3-bedroom, 2-bathroom home offers the perfect blend of charm and functionality. Featuring a spacious layout, modern finishes, and a warm, inviting atmosphere, this home is ideal for families, first-time buyers, or anyone looking for a cozy retreat. Featuring expansive windows throughout, this home is abounding with natural light, creating a bright and airy ambiance. The chef’s kitchen boasts an impressive island, an abundance of storage, and plenty of counter space—perfect for cooking and entertaining. The oversized laundry room features a sink, extensive counter space, and additional storage for ultimate convenience. Retreat to the spacious primary suite, showcasing dual sinks, a relaxing soaking tub, and a large walk-in closet. The guest bedrooms are generously sized and share a beautifully designed bathroom with gorgeous tile work. Enjoy stylish and durable vinyl plank flooring, adding both elegance and functionality. Create your perfect work from home or after school study set up with the thoughtfully placed office nook. Escape to your own private sanctuary with a peaceful back patio, perfect for unwinding after a long day. The inviting outdoor space offers the ideal setting for morning coffee, evening gatherings, or simply soaking in the fresh air. Enjoy the best of both worlds with this ideally located home—nestled in the sought-after Lorena ISD while being just minutes from all things Waco! Conveniently close to premier shopping, top dining destinations, and local attractions, this home offers easy access to everything you need. Experience the perfect blend of small-town charm and city convenience in a home that truly has it all!
Source: CENTRALTEXAS #581204
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: CENTRALTEXAS #581204
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.