Buyer Incentive: Any furniture in the theater room (including sound system), the upstairs loft area, and the pool table all convey with the home. Welcome to an inviting 4 bed, 2.5 bath home with 3,249 square feet of thoughtfully designed space. As you step inside you're greeted by the graceful winding staircase and soaring foyer, leading into a living room drenched in natural light. At the heart of it all, the kitchen brings everyone together featuring an expansive island, sleek granite countertops, and plenty of space to cook, gather, and share meals. High ceilings throughout the home add a touch of grandeur, making every room feel open, airy, and full of life. The master suite is your own private getaway, peaceful, spacious, and ready to recharge you at the end of every day. Upstairs, the fun continues with a theater room made for movie marathons and a loft that offers the perfect spot for game nights, conversations, and creating memories together. Life here comes with more than just a beautiful house, the neighborhood offers a sparkling community pool, a splash pad for summer fun, and a welcoming park just steps away. Beyond the community, convenience and recreation are right at your fingertips. Wolf Ranch Town Center is minutes away, giving you easy access to shopping, dining, and everyday essentials, while the Round Rock Premium Outlets bring over a hundred name brand stores to explore. If golf is your game, you’ll love being close to Teravista Golf Club, which offers a championship experience with sweeping views stretching for miles. Whether it’s a day of shopping or a round of golf, everything you need to enjoy life to the fullest is just around the corner. Schedule a private tour and come see for yourself why this Georgetown gem feels like home.
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.
