There’s something special about having a little extra space and a little extra privacy while still being just minutes from Fort Hood. That’s exactly the feeling this home delivers. From the moment you walk in, the natural light immediately draws you in, filling the home with warmth and giving the entire space an airy, inviting feel. The absence of carpet throughout adds a clean, modern touch while making everyday living feel effortless and low maintenance. The heart of the home feels comfortable and connected, creating the kind of atmosphere that makes it easy to picture slow mornings with coffee, relaxing evenings after work or gathering with friends on the weekend. The primary suite offers a peaceful retreat of its own with a double vanity and a stunning floor-to-ceiling tiled shower that brings a spa-inspired feel to the space. Outside is where this property truly separates itself. The oversized premium lot with no rear neighbors creates a sense of openness and privacy that is increasingly difficult to find. Whether you’re unwinding beneath the covered patio at sunset, enjoying the quiet of having no direct backyard neighbors or simply appreciating the extra outdoor space, the backyard feels like an extension of the home rather than an afterthought. A storage shed adds even more flexibility for hobbies, tools or additional storage. Located near Fort Hood, shopping, dining and everyday conveniences, this home offers more than just practicality - it offers comfort, atmosphere and long-term potential. Qualified buyers may also appreciate the opportunity to assume the home’s low 2.6% VA interest rate. Homes with this combination of privacy, natural light, outdoor space and location do not come along often at this price point. Join us for the Open House on Saturday, May 23rd from 1–3 PM or schedule your private showing today.
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.
