500 Compania Cv Liberty Hill, TX 78642
Your savings
About this home
Greetings from 500 Compania Cove, in the amazing neighborhood of Santa Rita Ranch. This single-family residence is practically brand new and just waiting for someone to make it their happy place! Picture yourself waking up in one of the three bedrooms, ready to greet the day with a smile as sunlight streams in! With two bathrooms, mornings are a breeze because there's plenty of space for everyone to get ready to tackle whatever adventures lie ahead. You will love the concrete floors and the fully paid solar. The electric bills will make you do the happy dance. This is the perfect floor plan for a first-time home buyer or someone who is downsizing. Refrigerator and washer, and dryer will convey with an accepted offer. This is an amazing corner lot with a stone wall surrounding the property. Built in the magnificent year of 2021, this home is ready to be filled with laughter, love, and memories that will last a lifetime. This neighborhood has amazing amenities and is located close to shopping, restaurants, and the new HEB.
Source: ACTRIS #5620394
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.