***$5000 seller contribution*** Welcome to this exceptional Copper Ridge Signature Home, crafted with unparalleled quality, thoughtful design, and elevated craftsmanship that's perfectly positioned in the highly desired Rosemont subdivision of Liberty Hill. From the moment you arrive, the refined curb appeal sets the tone for a home that delivers not just beauty, but a higher standard of living. The chef’s kitchen is a true standout, featuring premium commercial-grade appliances, abundant counter space, and a layout tailored for effortless entertaining. The spacious living room centers around a striking, one-of-a-kind fireplace—an architectural showpiece that creates an inviting atmosphere for gatherings, quiet evenings, or anything in between. Retreat to the serene primary suite, where a spa-inspired bath awaits with an oversized walk-in shower and abundant storage thoughtfully incorporated for ease and organization. Every detail throughout the home has been intentionally curated to support comfort, style, and functionality. Step outside and enjoy a community that blends natural beauty with modern convenience. Located just minutes from highly rated Liberty Hill schools, favorite local restaurants, shopping, and with easy access to Hwy 29, this property offers a rare balance of peaceful living with unmatched accessibility. Designed for today’s lifestyle, this residence is fully equipped with high-speed internet capabilities and comprehensive smart home wiring, keeping your home efficient, connected, and effortlessly controllable. Inside, designer selections enhance every space, offering a blend of sophistication and comfort that feels both luxurious and livable. This is your opportunity to own a truly remarkable home in one of Liberty Hill’s most sought-after neighborhoods. Schedule your private showing today and experience the character, craftsmanship, and comfort that set this home apart.
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.
