A rare built-in ADU-style private apartment gives this beautifully maintained 3,575 sq ft Sendera Ranch home a level of flexibility that is hard to find and increasingly valuable in today’s economy. Whether the goal is extended-stay comfort, private guest accommodations, multigenerational living, or bringing household resources together under one roof, this layout offers a meaningful way to stay connected while still preserving privacy, independence, and personal space. Located just inside the main entrance, the private apartment opens into a comfortable living area with an adjoining kitchen space, full bathroom, dedicated stackable washer and dryer, and a separate bedroom with closet. The kitchen area is thoughtfully equipped with a refrigerator, pantry, abundant cabinet storage, dishwasher, double sink with garbage disposal, convection microwave, and a range-ready setup for future flexibility. A separate thermostat-controlled comfort zone adds another layer of independence and daily comfort. The main home continues with a warm, functional layout designed for everyday living. Downstairs offers a private primary suite, office, spacious laundry area, and an open kitchen, dining, and living area where everyone can gather. Upstairs provides even more room to spread out with an oversized game room, two additional bedrooms, a full bathroom, a half bathroom, and a large media room custom-painted and prepped for surround sound, ceiling projector or wall mounted TVs. Smart-home and connectivity features include AT&T Fiber readiness, whole-home hardwired Ethernet, Cat6 cabling for three ceiling PoE access points, three smart thermostats, smart lock, and security system pre-wiring. Set in amenity-rich Sendera Ranch with pools, playgrounds, basketball courts, and a rentable clubhouse, this home brings together space, privacy, flexibility, and long-term practicality. Per seller, a 2.25% assumable VA loan may be available to qualified Veterans.
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.
