Now offering $1000.00 for any updates! Set on just over half an acre in Big Sandy, Texas, this 3 bedroom, 2 bathroom home offers 2,179 square feet of open, livable space. A spacious lot that has additional usable land beyond the current fence line, this property offers flexibility for future improvements such as a shop, expanded outdoor space, or enhanced access. The front layout also provides an excellent opportunity for a circular drive, creating both convenience and improved visibility when entering and exiting. Also with a brand-new roof, fresh exterior paint, and thoughtful updates throughout, the big projects are already done so you can focus on settling in. Step inside and you’ll immediately notice how bright and welcoming the home feels. The layout flows easily from room to room, with a separate dining area perfect for holiday meals, family gatherings, or quiet winter dinners at home. There’s room to spread out, host friends, or simply enjoy cozy evenings without feeling cramped, a common pain point buyers struggle to find. Outside, the updated gunite saltwater pool may be resting for the season, but it’s ready to shine when Texas summer arrives. The large backyard offers space for kids, pets, gardening, or backyard entertaining, something hard to find at this price point in East Texas. Updated landscaping adds curb appeal now, while the pool adds long-term value and lifestyle appeal. Located just off FM 2911, this home gives you the peace and space of small-town living while staying convenient to Big Sandy schools, local amenities, and an easy drive to surrounding East Texas communities. It’s the kind of place where you can slow down, spread out, and still stay connected. If you’ve been searching for a move-in-ready home in Big Sandy with space, updates, and a pool, this one truly checks the boxes. Schedule your private showing today and picture yourself warming up here this winter and cooling off poolside this summer.
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.
