100 Pepper Mill Loop Burnet, TX 78611
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About this home
Welcome to 100 Peppermill Loop in the desirable Peppermill Subdivision of Burnet, Texas! Built in 2020, this 1,743 sq ft home sits on a spacious corner lot and offers a thoughtfully designed split floor plan with 3 bedrooms, 2 baths, a dedicated office with double French doors, and an inviting foyer entry. Enjoy added conveniences including a laundry closet, water softener, reverse osmosis system, ADT security system, and energy-efficient solar panels. The open-concept kitchen, living, and dining areas are perfect for both daily living and entertaining. The kitchen features granite countertops, a large center island, walk-in pantry, and built-in microwave. The private primary suite is located at the back of the home and includes an en-suite bath and walk-in closet. Additional highlights include a two-car attached garage, full yard irrigation system (front and back), and all-electric utilities. This location offers quick access to everyday essentials and Hill Country recreation—close to schools, restaurants, H-E-B, several nearby lakes (LBJ, Inks, and Buchanan), Delaware Springs Golf Course, Horseshoe Bay & The Legends golf communities, local wineries, and quality medical care through Ascension Seton and Baylor Scott & White Hospitals and clinics. Easy commute access to the Austin metro area. Come experience comfort, convenience, and the best of Burnet Hill Country living!
Source: ACTRIS #5846659
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FAQs
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.