Welcome to your dream home in the highly sought after Highpointe community of Dripping Springs. This stunning one-story Highland Home, built in 2021, seamlessly blends modern luxury with the natural beauty and tranquility of the Texas Hill Country. Offering 4 spacious bedrooms, 3.5 bathrooms, a dedicated home office or flex space, a private theater/media room, and an oversized 3-car garage, this exceptional residence was designed for both comfortable everyday living and effortless entertaining. As you step inside, you are greeted by an inviting foyer that opens into a light-filled, open-concept floor plan. The chef-inspired kitchen serves as the heart of the home and features designer finishes, premium appliances, abundant cabinetry, generous counter space, and an expansive center island with seating for four. The luxurious owner's retreat provides a private sanctuary, filled with natural light and thoughtfully designed for relaxation. The spa like primary bath boasts dual vanities, a freestanding soaking tub, an oversized walk-in shower, and a large walk-in closet. Throughout the home, you'll appreciate the abundance of natural light, spacious living areas, and seamless indoor-outdoor flow that creates an ideal setting for gathering with family and friends. Life in Highpointe offers resort-style living at its finest. Residents enjoy access to an impressive Residents Club featuring a two-story fitness center, aerobics studio, meeting rooms, and a communal kitchen. Additional amenities include three swimming pools with water features, tennis and basketball courts, soccer and baseball fields, children's playscapes, miles of scenic hike and bike trails, acres of open green space, and breathtaking Texas Hill Country views. Located within the acclaimed Dripping Springs Independent School District, residents enjoy access to top-rated schools. This is more than just a home, it's a lifestyle. Come experience everything Highpointe has to offer & discover what's not to love.
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.
