NEWLY REMODELED!! Nestled in one of Plano’s most loved neighborhoods in Dallas North Estates, this home brings charm, new upgrades, and big Texas vibes. This 3-bedroom, 3-bath gem brings major “wow” energy from the moment you drive up. The classic brick façade sets the tone right from the start, from the moment you walk inside it instantly shows off what makes this home warm and special. The entry opens into a massive living space built for hosting, lounging, and everything in-between. With its high ceilings, architectural beams, LVP flooring throughout and dramatic brick wall fireplace, this space nails that modern-meets-cozy aesthetic. A second oversized living area gives you all the flexibility: game room, media room, playroom, whatever your life calls for. It flows straight to the newly fenced backyard, complete with a huge shade tree, storage shed, and a built-in pet door so your pups can live their best yard life. The kitchen is fresh and modern, decked out with stainless steel appliances, new countertops, a new backsplash, and a custom coffee + wine bar that includes the mini wine fridge. Morning lattes and evening cabernets? You're covered. The primary suite is basically a retreat. The extended layout features a walk-in closet, an inviting seating area, and a fully reimagined bathroom with double vanities and a walk-in rain shower that feels like a boutique hotel. Also, enjoy the newly added half powder bath your guests will low-key rave about. This community is surrounded by some of the best lifestyle perks in Central Plano—Liberty Recreation Center offers pools, sport courts, fitness facilities, yoga, event space, pickleball, and so much more. You’re only blocks away from Top-tier Plano schools and quicker access to major expressways with convenience to DFW Metro-Plex and North Dallas. If you’re craving space, style, and a location that hits all the marks, this home is the move. Come see it in person—you’ll feel instantly at 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.
