BOND PAID!! This absolutely STUNNING Austin floor plan has been COMPLETELY REMODELED from top to bottom and is being offered FULLY FURNISHED with BRAND NEW, designer-quality furniture. This is truly a move-in ready opportunity that shows like a MODEL HOME! From the moment you arrive, you’ll notice the attention to detail with fresh sod, updated irrigation, and a retractable awning over the front porch—perfect for enjoying your morning coffee in comfort. Step inside through the upgraded front door with glass inset and you’re immediately greeted by a bright, open feel, enhanced by a solar tube, high baseboards, fresh interior paint (including the garage), and beautiful ceramic tile flooring that flows seamlessly throughout the entire home—including the lanai. The heart of the home is a fully reimagined kitchen featuring brand new cabinetry, sleek quartz countertops, and updated electrical—designed for both everyday living and entertaining. Both bathrooms have been completely upgraded with new vanities, and the master suite is a true retreat with dual sinks and a seamless glass walk-in shower that adds a luxurious, spa-like feel. One of the standout features is the impressive 12x20 glass-enclosed lanai, finished with tile flooring and expanded living space that truly brings the outdoors in. This space is enhanced by a brand new HESSAIRE ductless mini-split system (2025), providing efficient heating and cooling year-round—perfect for a flex space, second living area, or entertaining zone regardless of the season. Just beyond, you’ll find an additional rear patio, giving you even more outdoor living options. Major components have already been taken care of for peace of mind, including a new roof (2021) and updated HVAC system (2018). Every inch of this home has been thoughtfully upgraded—there is truly nothing left to do but move in and start enjoying The Villages lifestyle. Homes with this level of finish, upgrades, and condition—especially with the bond paid—are incredibly rare. Don’t miss your chance to own one of the nicest Austins on the market!
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.
