Welcome to this LIKE NEW MOVE-IN READY home filled with modern upgrades that have been meticulously maintained! This stunning 3-bedroom, 2-bath home has what you’re looking for! Located in an active community neighborhood directly across from open green space and just a short walk from the local elementary school, this David Weekley Belton floorplan home blends comfort, style, and convenience. You’ll love the open floor plan featuring soaring 8-foot doors, luxury LVP flooring, designer paint, and a cozy corner fireplace that anchors the main living space. Plantation shutters throughout the home and abundant natural light create an inviting atmosphere throughout, while the surround sound speakers both inside and out are perfect for entertaining! The large kitchen is designed for anyone who loves to cook or entertain, with generous cabinet storage, a gas cooktop, vent hood, and ample counter space! All bedrooms feature recently replaced carpet for added comfort, and the primary suite offers a relaxing retreat with a Spa Like shower in the primary bathroom. Step outside to a spacious extended covered back patio overlooking your private backyard ideal for barbecues, morning coffee, or evening relaxation by the fire pit area. Combined with the home’s thoughtful design and location, this property is truly move-in ready and built for lasting comfort. This floor plan with the upgrades added is no longer being built at this price, and has been meticulously maintained! The community amenities includes the Carriage House community center, a resort style pool, splash pad, Three Story Tree House, fitness room, stocked fishing pond, community fire pit area, trails for biking or walking, recreation field, concerts on the event lawn, and a dog park! Don’t miss your chance to own this beautiful home with all the extras!
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.
