Some homes are just houses. This one is something more. From the street, the rich brick and stone facade, barn-style garage door, wood shutters, gas lanterns, manicured flower beds, and a stunning wrought iron glass front door make one thing clear, this home was built with pride and loved the same way. Come inside and a grand arched entryway with warm luxury vinyl plank floors opens into 2,310 square feet of thoughtfully designed single-story living across 4 bedrooms and 2.5 baths. Built by Highland Homes in 2020, every detail of 149 Biscayne Bay Bend reflects quality craftsmanship and careful design. The kitchen is an absolute showstopper, deep espresso cabinetry to the ceiling, bold herringbone tile backsplash, granite island with breakfast bar, glass pendant lights, stainless appliances, and a massive pantry with floor-to-ceiling custom shelving. The primary suite is your personal sanctuary, vaulted ceiling, plush carpet, bay windows, and a spa-style bath with soaking tub, glass-enclosed shower, and dual vanities. Bonus, the half bath already has shower plumbing roughed in behind the walls, making a future conversion to a full third bath a straightforward and value-adding project. Out back, your fully fenced private oasis awaits. A partially covered porch with concrete slab and stone pavers, cafe lighting, and a ceiling fan sets the stage for cookouts, celebrations, or simply unwinding. This backyard has even hosted a wedding with over 50 guests. Community pool access nearby seals the deal. Kyle Park, a 101-acre retail and dining destination, is under construction minutes away. A Little Shady, a patio bar and live music venue inspired by Austin's Shady Grove, opens less than 4 miles away. Kyle has long been one of Central Texas's most exciting communities, and it just keeps getting better. Top-rated Hays CISD schools. Easy access to FM 150. This one won't last, schedule your showing today!
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.
