91 Ridgewood Cir, Wimberley, TX 78676
3 beds · 2 baths · 1,955 sqft
Welcome to this beautifully maintained 3-bedroom, 2-bathroom stone and stucco home, offering both comfort and style. Nestled in Woodcreek, this residence features a side-entry single door 2-car garage, ensuring convenience and ample parking. Freshly painted interior adorned with wood laminate flooring throughout the main living areas, while the bedrooms are cozy with carpeting. The open plan seamlessly connects the kitchen, dining, and living areas, creating an ideal space for everyday living. The kitchen with a functional center island and overlooks the living and dining areas. The living room featuring a wood-burning fireplace, vaulted ceilings, and a wall of windows that allow plenty of natural lighting. Door from the living room lead to a large, expansive deck, perfect for outdoor gatherings or simply relaxing while enjoying the view of the private backyard. The split floor plan offers privacy, with the secondary bedrooms thoughtfully situated away from the primary suite. Additional highlights include a versatile bonus room located above the garage, ideal for an office, hobby room, or a play area for kids. The backyard is enclosed with a privacy fence and features a storage shed with a concrete floor, providing ample space for tools and equipment. Experience the perfect blend of functionality and comfort, where every detail has been considered to create a welcoming and practical living environment with plenty of storage. New carpet installed in October.
Source: ACTRIS #9267456
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #9267456
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: #9267456
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.