Welcome home! This amazing 2 story home has 5 beds, 3 1/2 baths and is a family retreat designed for both everyday comfort and effortless entertaining. From the moment you step inside, you’ll love the incredible open-concept layout and seamless flow, thoughtfully created to maximize function, fun, and connection. Abundant natural light fills the home, highlighting the generous living spaces offering plenty of room for gathering, relaxing, and making memories. Walk into the chef’s kitchen, designed for both everyday living and effortless entertaining. It has Quartz counters, GE appliances including a 6-burner gas range, a microwave and a dishwasher. With a large Island that has an under-mount sink, a convenient pull-out double trash cans, and ample cabinetry, meal preparation is a breeze! The wonderful kitchen flows seamlessly into the dining area, allowing everyone to stay connected and comfortable, making it the warm, inviting hub of the home. The comfortable, spacious and peaceful primary suite feels like a true retreat! With a large walk-in closet, large bedroom and your own large bathroom with a soaking tub, this primary suite has plenty of room to rest and relax! The private guest bedroom with its own full "ensuite" bathroom including a bath tub, provides comfort and privacy for your guests. Every space has been carefully designed to feel welcoming, practical, and beautifully livable. Set in the charming, highly desirable, boutique White Oaks Preserve neighborhood, this home offers an exceptional lifestyle. You will enjoy direct access to the newly completed Buda Trails, connecting you by bike or foot to six nearby neighborhood parks. And it's just moments from the heart of Buda, where great food, local flavor, and memorable experiences come together. This is more than just an amazing home in an awesome neighborhood, it’s a place to live, connect, and enjoy great times with your family, and the very best Buda has to offer!
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.
