Nestled on a cul-de-sac in the highly sought-after Champions section of Avery Ranch, this stunning 4,326sqft home offers the perfect blend of space, functionality and luxury. Situated on an oversized .41-acre lot, the property features a sprawling side yard ideal for play, entertaining and outdoor enjoyment. Step inside to a dramatic two-story foyer highlighted by a sweeping curved staircase. The thoughtfully designed floor plan includes five bedrooms and four full bathrooms, with both the spacious primary suite and a private guest bedroom conveniently located on the main level. The guest suite sits adjacent to a full bath, making it ideal for visitors or multigenerational living. The primary retreat is a true sanctuary, featuring dual vanities, a large glass-enclosed shower, a soaking tub, and an expansive custom walk-in closet with built-in cabinetry. A dedicated home office off the foyer includes pass-through access to the kitchen and laundry room, creating a flexible workspace. Upstairs, you'll find three additional bedrooms, including two connected by an updated Jack-and-Jill bath and a third with its own updated full bath nearby. The upper level also offers a spacious loft area, a dedicated media room and built-in desk and cabinetry space perfect for homework, studying or a second home office. The backyard is designed for low-maintenance enjoyment with premium turf, mature shade trees, a custom outdoor grill station, fountain, storage shed and multiple areas for relaxing or entertaining. Additional upgrades include a new roof (2025), HVAC systems replaced in 2016, recently replaced dishwasher, whole-house generator, electric vehicle charger and wiring for interior and exterior security cameras. The media room projector, screen, and surround sound equipment convey, making this home truly move-in ready.
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.
