Modern River Place Beauty with Dream Garage & Hot Tub Retreat Welcome to River Place in the heart of Belton, TX! This beautifully maintained 4-bedroom, 3-bath home offers 2,412 sqft of thoughtfully designed living space on nearly a quarter-acre lot in highly sought-after Belton ISD. Built in 2019, this home combines modern finishes, functional design, and an unbeatable location just minutes from Belton Lake, Baylor Scott & White, shopping, dining, and easy highway access. Step inside to an open-concept floor plan featuring crown molding, abundant natural light, and a spacious living area that flows seamlessly into the oversized kitchen. Designed for both entertaining and everyday living, the kitchen offers granite countertops, extensive cabinet storage, a large breakfast bar, stainless steel appliances, and a walk-in pantry. The private primary suite is a true retreat with a spacious bedroom, oversized tiled walk-in shower, dual vanities, and a large walk-in closet. A separate guest suite provides flexibility for multigenerational living, guests, or a private workspace. One of the standout features is the upgraded “garage paradise” complete with epoxy floors, multiple added 220V and 110V outlets, and a mini split system with heating and cooling — ideal for hobbies, a home gym, workshop, or additional entertaining. Enjoy relaxing evenings under the covered back patio or unwind in the backyard hot tub. Residents of River Place also enjoy access to private community pickleball and tennis courts. Conveniently located within 10 minutes of both major highways, 15 minutes to Baylor Scott & White Hospital, 5 minutes to Belton Lake, and approximately 25 minutes to Fort Hood, this home delivers the perfect blend of comfort, convenience, and Central Texas lifestyle. Homes with this combination of upgrades, location, functionality, and community amenities rarely hit the market in River Place. Schedule your private showing before this Belton gem is gone!
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.
