**OPEN HOUSE: Saturday, July 11 from 2:30 to 4:30 PM** WELCOME HOME TO ONE OF WHISPER FALLS' MOST UNIQUE AND THOUGHTFULLY UPGRADED PROPERTIES! From the rare detached, climate-controlled flex studio and premium greenbelt cul-de-sac location, to the opportunity for eligible buyers to assume a historically low 2.5 interest rate with a super-low payment, this home offers features that are truly hard to find. Nestled at the end of a quiet cul-de-sac and backing to a peaceful greenbelt with no rear or left-side neighbors, this beautifully maintained 4-bedroom, 2.5-bath home offers the perfect combination of privacy, functionality, and exceptional indoor-outdoor living. From the moment you arrive, you'll appreciate the care and attention that's been poured into every detail. Inside, the spacious open-concept floor plan was designed with both everyday living and entertaining in mind. The heart of the home features a beautiful kitchen complete with stainless steel appliances, an oversized serving island, dedicated coffee bar addition, and seamless flow into the dining and living areas. The primary suite, conveniently located on the first floor, offers a true retreat with dual vanities, a soaking tub, separate shower, and an expansive walk-in closet. Upstairs, you'll find three additional bedrooms and a large secondary living area perfect for a game room, media room, playroom, or home office. Step outside and discover what truly makes this property special. The backyard was designed to create unforgettable memories. Enjoy year-round outdoor living from the extended covered patio featuring a custom bar-top serving ledge with foot rail, providing the perfect place to dine, entertain, or relax. A fire pit gathering area, custom children's sandbox, beautiful landscaping with flower beds, and a private greenbelt backdrop make this yard standout. The detached, climate-controlled flex studio is a premium value-add feature, offering endless possibilities as a home gym, private office, workshop, hobby room, or the perfect retreat for working from home. An additional storage building with electricity provides even more functionality and convenience. The extensive list of upgrades and enhancements throughout the home includes custom handrails, decorative chair rail and beadboard accents, upgraded laundry room cabinetry and tile feature wall, epoxy-coated garage flooring, whole-home water softener, UV HVAC purification system, home security camera system, updated faucets and mirrors, window tint, ceiling fans throughout, mounted TV outlets, magnetic child safety cabinet locks, carbon monoxide detector in the garage, and a newly installed privacy fence. Located just minutes from the neighborhood pool, clubhouse, sports court, and park, this move-in-ready home offers the space, flexibility, and lifestyle today's buyers are searching for. From its premium cul-de-sac, greenbelt location to its extensive upgrades, versatile detached flex space, and rare assumable financing opportunity, this is more than just a house-it's a place to put down roots, make memories, and truly feel at home.
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.
