Beautifully maintained home in Denton’s sought-after Windsor Farms. Offering a thoughtful layout, timeless finishes, and a welcoming sense of space. The open concept downstairs includes a living area with abundant natural light, a central wood burning fireplace, a large formal dining room as well as a charming breakfast nook. The kitchen delivers generous counter space, an electric range, ample cabinetry, new deep bowl stainless sink and new faucet, and a functional layout that keeps everything within reach. Beautiful wood look tile floors in the foyer, walkways, kitchen, dining room, & breakfast nook. The downstairs private primary suite includes a spacious bedroom, large walk in closet, and an ensuite bath with dual sinks & separate tub and shower. The large walk in closet is a fully carpeted storage crawl space area approximately 12 x 12. The perfect mother in law floorplan has a guest bedroom at the front of the home with a full bath across the hall. This is a perfect guest room or flex room. Upstairs, you will find a second living area with storage closet, walk out door to the attic space, two additional guest bedrooms. From both upstairs bedrooms you have access to a gorgeous balcony overlooking the front yard. A full bathroom with access from one of the bedrooms and the hallway. A home office area sits in an incredibly charming spot at the stair landing between the first and second floors. Out back, the covered patio overlooks a level yard ready for gardening, play, or simple relaxation. The home also includes a full sized laundry room and a two car garage with additional storage options. The attic storage has recently added decking for additional storage. In a convenient location near I-35 and Rayzor Ranch, this home is located just minutes from Denton’s vibrant dining, shopping, and entertainment, with quick access to major routes for an easy commute. This property blends comfort, practicality, and a well designed floor plan.
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.
