This Bunton Creek single-family home offers a move-in-ready one story 3-bedroom, 2-bathroom layout, placing you right in the middle of the easygoing Kyle lifestyle. Living in Bunton Creek means you’re just 23 miles from Downtown Austin and 26 miles from the airport, but you’ll likely spend more time exploring the local spots that make this area a favorite. Saturday mornings are often spent over at Lake Kyle Park for some fishing or hitting the trails at Plum Creek, followed by a quick stop at the nearby H-E-B Plus to stock up for a backyard BBQ. Inside, the home has a natural flow that feels easy to live in. The living room is bright and open, serving as the spot where everyone naturally hangs out after a long day. It connects directly to the kitchen and dining area, which is set up so you can keep an eye on the TV or chat with people on the couch while you’re making dinner. Vinyl plank flooring runs throughout the kitchen and dining area. You'll love the spacious primary suite, where there is enough room for king sized furniture plus a small sitting area. The owners added several upgrades to this wonderful home. You’ll find a whole-home Westinghouse water filtration and softening system, a garage door opener, window treatments throughout and a built-in Taexx pest control system; an in-wall setup that makes keeping the home bug-free about as simple as it gets. The LG washer and dryer also convey! In the backyard of this Bunton Creek property, you have a private space ready for a garden or a four legged friend, complete with a shed that stays with the home to keep your lawn tools organized. Between the community pool, the local parks, and the quick access to I-35 for a commute, this Bunton Creek home is a solid find for anyone who wants a welcoming place to start their next chapter in the growing Kyle community.
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
