Million-dollar views without the million-dollar price tag. Deep in the heart of the Texas hill country is your little slice of heaven with views of rolling hills and green pastures. Imagine ending your day with a cold drink, staring out into the wide-open hill country right from your own back porch. Step into the light-filled interior where dark hardwood floors, soaring ceilings, and an effortless open layout invite you to breathe deep and slow down. The living room is built for real life — gather around the wood-burning fireplace on cool hill country evenings, kick back under the ceiling fan on lazy afternoons, and let the natural light pour through the French doors that open straight to the outdoors. The kitchen is a showstopper. Bright white cabinetry, gleaming granite countertops, a mosaic tile backsplash, and a full suite of stainless steel appliances make this a space where cooking actually feels like a pleasure. The generous island with a farmhouse-style sink keeps the cook connected to the action, and the breakfast nook just beyond, framed by wide windows overlooking the backyard, is the kind of spot where mornings stretch a little longer. The primary suite is your private retreat. Rich espresso cabinetry anchors a double-vanity bath with granite countertops and a deep soaking tub — the perfect place to unwind after a long day. But the real magic? Step out onto that back deck, settle into a rocking chair, and let the Texas hill country do what it does best. The backyard is a true sanctuary — mature, twisting live oaks cast dappled shade across the lush lawn, a fire pit circle calls for starlit evenings with friends, and everywhere you look, the land opens up into those breathtaking views of rolling hills and wide-open pastures that stretch as far as the eye can see. And if you elect to join the voluntary POA, the community swimming lake is a short walk from the home. Highly acclaimed Lake Travis ISD schools. Low 1.624% property taxes. This one will go fast.
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.
