Welcome to 2809 Ranger Lane in Aubrey, TX, located in the desirable Winn Ridge community! This move-in ready 4-bedroom, 2.5-bath home offers flexible living space, modern functionality, and great outdoor features designed for everyday living. The open-concept layout includes a spacious living area and a kitchen with abundant cabinet storage, generous counter space, and a layout that flows seamlessly for both daily life and entertaining. A separate flex space near the secondary bedrooms provides endless options for a game room, kids’ playroom, media room, or private home office—giving you the ability to truly customize the home to your lifestyle. A built-in desk nook adds even more functionality, perfect for working from home or homework time. Custom curtains throughout the home add an upgraded touch and are included. The primary suite offers a private retreat with a large walk-in closet, dual sinks, separate vanity areas, a relaxing garden tub, and a separate shower. Secondary bedrooms are generously sized with great natural light and ample storage throughout the home, making it ideal for families or those needing extra space. Step outside to a backyard designed for enjoyment and low maintenance, featuring a large pergola ideal for outdoor gatherings, a board-on-board fence for added privacy, and turf for easy upkeep year-round. Whether hosting friends or enjoying a quiet evening, this outdoor space is ready to go. Winn Ridge amenities include a resort-style pool, splash pad, playgrounds, walking and biking trails, pickle ball court, soccer fields, sand volleyball courts, a dog park, on-site public safety center, and open green spaces. Conveniently located near Hwy 380 with easy access to shopping, dining, schools, and major commuting routes, this home offers both comfort and convenience in a rapidly growing area.
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.
