Located on a corner lot in Steiner Ranch’s desirable Bella Mar neighborhood, this well-maintained home offers a rare combination of space, layout, and storage. The home features five true bedrooms, three and a half baths, and a dedicated main-level office, making it ideal for today’s flexible lifestyles. The main living areas are open and bright, with tall ceilings and a striking stacked stone fireplace that creates a strong focal point. The kitchen is designed for both everyday use and entertaining, featuring natural quartzite countertops, ample workspace, and easy connection to the living and dining areas. Fresh interior paint adds a clean, updated feel throughout. The primary suite is located on the main level and includes bay windows that extend the room and create a comfortable sitting area. The ensuite bath features dual vanities with updated cabinetry and finishes. Upstairs, the floor plan is exceptionally functional. A central game room separates the second floor, with two spacious bedrooms and a full bath on each side, offering privacy and flexibility for family, guests, or work-from-home needs. All secondary bedrooms are generously sized with large walk-in closets. Storage is a standout feature, with an extra-large, full-height walk-in storage closet upstairs, two walk-out attic access points, and additional attic storage throughout. The oversized garage with extra-tall ceilings provides even more room for storage or hobbies. Outdoor living is equally inviting, with a covered patio featuring an outdoor kitchen and built-in TV cabinet, leading to a gas fire pit, stone patio, and manicured backyard—ideal for relaxing or entertaining year-round. Seller has pool plans available if you're looking for your own private pool. Just one block from the Bella Mar community center, residents enjoy close access to soccer fields, heated lap and kiddie pools, tennis, pickleball, and basketball courts. Steiner Ranch offers a true neighborhood feel.
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.
