Welcome to a charming brick home in a quiet, established tree-lined Arlington neighborhood. Enjoy the immediate curb-appeal with a carefully maintained façade and oversized driveway. This thoughtfully designed 1.5-story residence offers 4 bedrooms and 3 full bathrooms, blending classic character with Spanish style for comfortable everyday living. Step into the large living room and be greeted by beamed vaulted ceilings, plantation shutters, and a brick fireplace. The floorplan flows beautifully to the kitchen, where ample cabinet storage and generous granite counters meet stainless steel appliances, double ovens, two pantries, and a breakfast bar opening to a sunny kitchen nook and the living area—perfect for casual meals and entertaining. Off the entry you will find the second living room and formal dining area. The game room can be found upstairs overlooking the living area, creating an open, connected feel while still providing a dedicated space for gatherings, media, or play. The layout offers a large split primary suite featuring vaulted ceilings and a private retreat away from busy family life. The three additional bedrooms are generously sized—two share a convenient Jack & Jill bath, and the fourth offers an ensuite bathroom, making it ideal as a second primary or private guest suite. Recent updates include new lighting and plumbing fixtures throughout, enhancing both style and function. Practical comfort is top-tier here: a one-year-old TEK roof — foam insulated, stone-covered metal — delivers exceptional durability, noise reduction, and energy efficiency, while double-pane vinyl windows maximize temperature control and utility savings. Outside, enjoy a large covered back patio overlooking a lush grass backyard enclosed by a new wood fence—an inviting space for morning coffee, weekend BBQs, or pets and children to play. Located with easy access to I 20 and the DFW Metroplex, this home combines neighborhood serenity with commuter convenience.
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.
