181 Auburn St, Kyle, TX 78640
5 beds · 4 baths · 3,476 sqft sqft
Seller is offering an assumable VA loan at 2.3%! Welcome to this stunning turnkey 2-story home, perfectly situated on a desirable corner lot in the sought-after Sunset Hills community. With an abundance of natural light and an open floor plan, this home offers a spacious and inviting atmosphere throughout. Tile flooring flows seamlessly through the main living areas, providing both durability and elegance. The kitchen is a chef’s dream, boasting an induction cooktop, granite countertops, a large island, breakfast bar, two built-in ovens, and ample storage space. It opens to a cozy breakfast nook and a large family room, creating the perfect layout for entertaining and everyday living. A private office with French doors adds a touch of sophistication and flexibility. This home features five spacious bedrooms, with two conveniently located on the main level, including the primary suite. The primary suite is a true retreat with a dual-sink vanity, a luxurious soaking tub, and a separate walk-in shower. Upstairs, you'll find a versatile bonus area, perfect for a second living room or play area, along with three additional generously sized bedrooms. The outdoor space is just as impressive, with a beautiful backyard oasis that includes a hot tub, a pergola, and a covered patio—ideal for relaxing or hosting guests. The community offers wonderful amenities, including a basketball court and playground, making it perfect for families. Don’t miss the opportunity to call this exceptional property your new home! Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.
Source: ACTRIS #5114779
Interest rate and monthly payment estimated based on public records.
Source: ACTRIS #5114779
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #5114779