Welcome to one of the best values in Haslet and Northwest ISD! Why wait months for new construction or settle for less space and fewer upgrades when you can move right into this meticulously maintained Taylor Morrison home today? Featuring stunning light gray brick curb appeal and a highly desirable open-concept design, this spacious home offers more living space, a superior layout, and quality finishes that are difficult to match at this price point. The thoughtfully designed floor plan includes a private primary suite, guest bedroom, and dedicated home office on the main level. Upstairs, you'll find three generously sized bedrooms and an expansive game room, providing plenty of space for family and entertaining. Unlike many builder homes, this property already includes valuable upgrades such as a Ring doorbell, three exterior security cameras, reverse osmosis water filtration, and custom solar screens for enhanced comfort and energy efficiency. Plus it comes with over 50k in builder upgraded options! Residents of Caraway enjoy a 1.5-acre resort-style amenity center with a pool, lounge areas, and more than two miles of scenic trails. Conveniently located near I-35W, Highway 287, and Highway 170, you're just minutes from Alliance Town Center's shopping, dining, and entertainment. Zoned to highly acclaimed Northwest ISD and near the district's newest high school opening in August 2027, this home combines size, quality, upgrades, and location to deliver exceptional value compared to many competing new and resale homes. Schedule your private tour today before someone else discovers the value you've been looking for!
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.
