Tucked away on 2.01 picturesque acres in Azle, this exceptional custom-built estate offers a rare blend of refined luxury and peaceful country living. Built in 2015 and thoughtfully designed for both elegant entertaining and everyday comfort, this stunning one-story residence encompasses 2,936 square feet of beautifully appointed living space where quality craftsmanship and modern conveniences come together seamlessly. Step through the door and you're embraced by a cascade of natural light illuminating the open-plan concept and energy efficient windows, highlighting the home’s spacious design and tranquil views. Gleaming hand scraped hardwood floors grace the main living spaces while the intelligent layout offers split bedrooms. At the heart of this home lies a chefs dream kitchen, equipped with premium appliances designed to delight the culinary connoisseur. Modern living with state-of-the-art smart home technology and energy-efficient features, including dual HVAC units, a leak sensor, insulated attic piping, and a water softening system ensuring year-round comfort. This stately residence boasts spaces for entertainment and relaxation with two living & dining areas and a versatile media room, perfect for every occasion. The fourth bedroom, currently a sophisticated home office, provides flexibility to suit your lifestyle. Step outside and experience the true beauty of country living. The sprawling acreage offers room to breathe, unwind, and enjoy breathtaking Texas sunsets beneath wide-open skies. This property delivers a lifestyle that feels worlds away while remaining conveniently accessible. Gather with friends and family in your mostly fenced yard with a stone firepit and covered patio. Combining timeless style, modern efficiency, and the relaxed elegance of country living, this remarkable Azle retreat is more than a home — it is a sanctuary designed for those who appreciate both luxury and tranquility, a place you’ll be proud to call home.
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.
