Located within the gated Bella Charca community, 1504 Harvest Drive in Nolanville, TX, presents an exceptional opportunity to own a beautifully crafted, exceptionally maintained home in one of the area’s most desirable neighborhoods. Offering 2,495 square feet of thoughtfully designed living space, this residence features 4 bedrooms and 3 full bathrooms, delivering both comfort and versatility for a wide range of lifestyles. The interior is defined by quality craftsmanship & timeless finishes. The heart of the home is the kitchen, where gorgeous granite countertops pair seamlessly with knotty alder custom cabinetry. A generous center island provides additional workspace, making the kitchen both functional and inviting. Upgraded stainless steel appliances, including a gas range top, enhance both performance and style, catering to everyday living and entertaining alike. The main living area is anchored by a stunning floor-to-ceiling, brick-trimmed limestone gas fireplace, a striking focal point that adds warmth and architectural character. Custom lighting throughout the home highlights these design elements and creates a refined, welcoming ambiance in every room. The primary suite is a private retreat, featuring a spacious bedroom and an en-suite bathroom designed for relaxation and convenience. Additional bedrooms are well-proportioned and thoughtfully placed, allowing for privacy while maintaining connectivity throughout the home. Situated on a beautifully maintained lot, the exterior continues to reflect exceptional care and pride of ownership, perfectly complementing the peaceful surroundings of Bella Charca. Bella Charca’s gated environment, scenic surroundings, and community amenities provide an elevated lifestyle just minutes from Fort Hood, shopping, dining, and major commuter routes. 1504 Harvest Drive represents an opportunity to own a well-kept, move-in-ready home in one of the most desirable communities at an incredible price point.
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.
