Step inside this corner townhome and feel the light—those tall windows and high ceilings pull sunshine into every room, no matter the time of day. Fresh paint keeps things bright and move-in ready for whatever you bring, and all window coverings are included (currently removed in the living room, dining, and bedroom for painting but ready to rehang). Downstairs, the master suite sits private and peaceful: slip into that eight-foot glass shower with rain showerhead, all tile surround, and let the steam melt the day away—your own little retreat. Upstairs, the open layout keeps family close—the kitchen’s got professional appliances, a built-in wine refrigerator, under-cabinet glow for late-night snacks, cabinets stacked high so nothing hides, and an island that fits everyone without bumping elbows. Bonus space up there? Turn it into whatever—office, game nook, quiet reading spot. But honestly, the magic’s outside too. Walsh hands you over 30 miles of hike-and-bike trails—bike, walk, wander to parks or that private lake for fishing and kayaking. Hit the pools—family resort-style with cabanas, slides, and kids' splash zone or the separate Junior Olympic lap pool—then sweat it out at the 10,000 sq ft athletic club, basketball or tennis courts. There's a makerspace for tinkering, playgrounds scattered around, even a neighborhood market for quick grabs. Kids? On-site elementary right here, award-winning Aledo ISD all the way—top-notch without the commute. And yeah, HOA covers the good stuff: front-yard mowing, common upkeep, plus that 2-gigabit internet wired straight in—no extra bills, just fast everything. Community's alive—weekly or monthly events pop up, from movie nights to fitness classes, keeping neighbors connected without forcing it. It's low-key luxury: trails at sunrise, pool after work, lake at dusk. Solid, easy, yours.
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.
