Experience elevated living in this meticulously redesigned luxury home offering panoramic Hill Country views from a premium elevated lot. Thoughtfully re-imagined by a professional architect, the enhanced open-concept floorplan provides seamless flow, expanded living spaces, and flexible functionality ideal for modern living and entertaining. Designed for today's lifestyle, this home features two private home offices perfect for remote work, a formal dining room with an elegant dry bar, and multiple spacious living areas. The expansive second-floor media room creates the ultimate entertainment space for movie nights, game days, or hosting large gatherings. High-end finishes are showcased throughout, including custom millwork, designer lighting, premium flooring, and bespoke cabinetry. The gourmet kitchen features exquisite stone countertops, abundant prep space, and curated design details that blend luxury with performance. The expansive primary suite serves as a private retreat with dual custom walk-in closets and a spa-inspired bathroom designed for relaxation. Additional living spaces offer comfort and flexibility for family and guests. Step outside to a true backyard oasis featuring a resort-style pool, extensive hardscape, and a professionally designed oversized pergola that defines luxury outdoor living. The elevated setting captures breathtaking Hill Country views, stunning sunsets, and exceptional privacy. This luxury home with pool, media room, two offices, dual custom closets, formal dining, and panoramic views offers the perfect blend of architectural design, modern functionality, and resort-style outdoor living.
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.
