Move-in ready with major updates already completed - this beautifully maintained 4-bedroom, 2-bath home offers modern comfort, long-term value, and a backyard made for relaxation and entertaining. Located in a quiet, established neighborhood in Hurst, this home has received extensive improvements over the past several months. The foundation has been professionally repaired (warranty transferable), and following a static test, the seller replaced the older under-slab clay plumbing with durable PVC. A new water heater was also installed—giving future homeowners peace of mind in all the areas that matter most. Inside, you’ll find an inviting open layout with newer luxury vinyl plank flooring throughout most of the home and brand-new carpet in the spacious primary bedroom. The floor plan offers flexibility for everyday living, hosting, and working from home. Step outside and experience your own backyard retreat. The covered pergola patio overlooks a sparkling in-ground pool, relaxing hot tub (conveys with the home), and a tranquil water feature that creates a serene, resort-like feel. It’s the perfect space for summer gatherings, quiet mornings, or unwinding at the end of the day. This home is also conveniently located near a nearby elementary school and other area amenities, offering the ideal blend of comfort, convenience, and lifestyle. Upgrades & Highlights: • Foundation repaired with transferable warranty • Full under-slab plumbing replacement (now PVC) • New water heater • Newer LVP flooring + new carpet in primary bedroom • 4 bedrooms, 2 full bathrooms • Open floor plan • Backyard oasis with pool, hot tub, pergola & water feature • Established neighborhood close to schools & parks Homes with this level of improvement and outdoor living space are rare—don’t miss your chance to make it yours.
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.
