Set within the charming, gated community of Belterra, this single-story gem sits proudly on a corner lot, radiating curb appeal with its all-brick exterior and inviting covered porch. From the moment you approach, you will notice the tall, richly stained wood door with an ornate glass feature that sets the tone for what awaits inside. The foyer makes an impression with its spacious feel, high ceilings, and 18x18 tile that gives the space a clean and polished look. To your right, a private office with French doors and large bay windows creates the perfect work-from-home haven or a quiet space to focus. Across the hall, a dedicated dining area makes hosting family dinners or holiday gatherings effortless, positioned perfectly next to the kitchen. The kitchen is where this home truly shines. Designed for both everyday function and entertaining, it boasts granite countertops, stainless steel appliances including a refrigerator, and a 5-burner gas cooktop. The center island provides extra storage and electrical outlets for meal prep or baking days, while bar seating and a built-in breakfast nook with bench seating make casual meals a breeze. A generous walk-in pantry keeps everything organized and close at hand. The open-concept living room is the heart of the home, anchored by a gas-burning fireplace that invites you to settle in on cooler evenings. Large windows flood the room with natural light and provide a view of the backyard, while direct access to the covered patio makes indoor-outdoor living seamless. The oversized primary suite feels like its own retreat. With soft carpeting underfoot, bay windows that bring in morning light, and a ceiling fan for comfort, this room is made for unwinding. The en suite bathroom is spacious and well appointed, featuring dual vanities with an oversized mirror, a jetted soaking tub for end-of-day relaxation, a separate tiled shower, and a walk-in closet large enough to keep everything organized. The three additional guest bedrooms each come with walk-in closets, ceiling fans, and large windows, offering plenty of space for family or visitors. They share a thoughtfully designed Jack and Jill bathroom with dual and single vanities, plenty of storage, and a tub-shower combo with tile surround. Practical touches like the utility room with full-size washer and dryer connections, cabinetry, and an extra storage closet make everyday chores easier. Step outside to the covered back patio with embellished tile and pull-down shades, perfect for quiet coffee mornings or weekend barbecues. The level, fenced-in yard offers privacy and space to play, and the two-car attached garage adds convenience. Living here means access to controlled neighborhood gates, a community pool, a barbecue area, and a playground. All of this within the highly rated Comal ISD, making it a wonderful place to call 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.
