2313 Springhill Ct Mineral Wells, TX 76067
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About this home
Impeccably maintained ONE OWNER brick home located in Mineral Wells! Located in a quite & secluded neighborhood. NO HOA. LOW city TAXES. In additional to still having that new house feel, the sellers have added a 12x20 storage building with electricity. Its open concept living with tall ceilings, dining and kitchen area is perfect for relaxing or entertaining! Split bedroom arrangements make for large bedrooms and tons of closet space. Eat in kitchen with stainless steel appliances, granite counter tops, recessed lighting, double sink, pantry and stone backsplash. Separate dining area off the kitchen. Large open living space with tall ceilings and ceiling fan. Separate utility room located off the kitchen with built in cabinets, electric washer hooks up & additional storage. Large master bedroom with tall ceilings. Opening up to your private ensuite with tile flooring, double sinks, walk in closet, separate garden tub and tiled shower. Privacy fenced backyard has an inviting covered back patio with recessed lighting. Floored attic space for additional storage. This affordable property is minutes from downtown Mineral Wells, shopping, restaurants and schools. See floorplan and Matterport tour.
Source: NTREIS #21052617
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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.