Luxury living overlooking Briggs Ranch Golf Course * Situated on nearly 2.5 acres, this exceptional estate offers breathtaking views of the Tom Fazio-designed golf course at Briggs Ranch, combining privacy, elegance, and resort-style living * The main residence features four spacious bedrooms, each with its own en suite bath * The primary suite is a true retreat, complete with a fireplace, dual custom closets, and a recently remodeled spa-inspired bathroom showcasing updated fixtures, countertops, and a beautifully redesigned shower surround * Additional highlights include a private sitting area and a dedicated workout room, both overlooking the serene putting green * Two of the three secondary guest bathrooms have been thoughtfully remodeled, enhancing comfort and style throughout the home * A well-appointed guest house provides ultimate flexibility, featuring a private bedroom with en suite bath, a separate pool bath, and an impressive outdoor kitchen equipped with a built-in gas grill, dual burners, refrigerator, offset smoker, TV, and bar-top seating-ideal for entertaining * The outdoor living experience is unmatched, with recently updated coping and tile across the expansive patio, outdoor stairways, and infinity-edge pool surround * A fire pit and additional fire features create a warm, inviting atmosphere for evening gatherings * The gourmet kitchen is designed for both function and style, boasting a Thermador gas range, built-in refrigerator, updated countertops, new fixtures, and dual refrigeration drawers within the island * Additional upgrades and features include: Whole-home Sonos sound system (indoor and outdoor) * Surround sound system in the family room Power lift for garage storage * Enhanced street presence with added pedestals * Proximity to a newer H-E-B, movie theater, and two premier golf courses * This remarkable property blends luxury, comfort, and entertainment in one of the area's most desirable golf course communities * Most furnishings are for sale or negotiable *
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.
