OH WOW! This STUNNING 2-story Highland Home features 5 bedrooms, 4 bathrooms, a huge family room, a loft/game room, and a flex room that could be a media room, playroom or office. This wonderful and popular Redford floor plan has 3100 square feet of greatness! LIGHT and BRIGHT! SOARING CEILINGS! OPEN and SPACIOUS! The 2-story entry hall opens to a HUGE family room/dining room combination with tall ceilings and a cozy corner gas or woodburning fireplace. The gourmet kitchen features abundant tall cabinets, beautiful quartz countertops, stainless appliances, gas cooktop, corner walk-in pantry, designer lighting, and a large island with room for family and friends to sit and visit while you are preparing a meal. The kitchen is open to the family room. There are two bedrooms and two bathrooms downstairs - the primary bedroom ensuite and a secondary bedroom that is right next to the full hall bathroom - super convenient for your guests. The primary bedroom is very large and features a big bay window and a pretty shiplap accent wall. The primary ensuite bathroom features a large walk-in shower, double sinks, linen closet and a HUGE walk-in closet. Upstairs you will find three additional bedrooms and two full baths. Two of the bedrooms are connected by a Hollywood bathroom and the other upstairs bedroom is right next to a full hall bath. There is a game room/loft upstairs that could be a second living area or entertainment area. There is also an upstairs flex room which could be used as a media room, a fitness room, office or playroom. GREAT floorplan! The back yard features a huge, covered patio that extends your living and entertainment space. There are NO BACK NEIGHBORS! The home backs to a beautiful green space with pretty trees - fabulous! This home is located on a cul-de-sac lot and boasts an extra-long driveway, gorgeous landscaping, a pretty front porch, no back neighbors, full sprinkler system, and so much more! There is an entrance to the neighborhood walking trail at the end of the cul-de-sac and the home is a very short distance to the community pool, playground and other amenities. A new elementary school will open in the neighborhood in 2027. Easy access to Texas-46, FM-2009, New Braunfels and Bulverde/Spring Branch. GREAT NEIGHBORHOOD! BEAUTIFUL 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.
