Discover this charming and tastefully updated 3-bed, 1-bath home in the heart of Denison—full of warmth, character, and modern touches throughout. From the moment you arrive, the inviting front porch sets the tone, complete with a classic porch swing that makes the perfect spot to unwind with morning coffee or relax after a long day while enjoying the neighborhood’s peaceful vibe. Step inside to a cozy living room anchored by a beautiful fireplace, creating a welcoming space for quiet evenings or movie nights. The living room flows seamlessly into the dining area, giving you a comfortable layout ideal for hosting friends, family gatherings, or dinner parties. The updated kitchen features sleek stainless steel appliances, ample cabinet space, and a clean, bright aesthetic that makes everyday cooking a pleasure. A spacious mud room and laundry area add convenience and charm, complete with a stackable washer and dryer and extra storage options to keep things tidy and functional. Each bedroom offers generous space, natural light, and versatility—perfect for families, guests, a home office, or hobby rooms. Out back, the property truly shines. A large deck provides plenty of room for outdoor dining, barbecues, or relaxing under the shade. The koi pond adds a peaceful, tranquil touch and creates a backyard escape you’ll look forward to enjoying every day. A storage shed gives you even more space for tools, seasonal décor, or outdoor equipment, keeping the yard neat and ready for whatever you imagine. With tasteful updates, inviting indoor and outdoor living spaces, and timeless charm throughout, this Denison home is the perfect blend of comfort, style, and functionality—ready for its next owner to love and enjoy.
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.
