SPECIAL FINANCING OFFER WITH 1ST YEAR PAYMENT AS LOW AS $1856 FOR QUALIFIED BUYERS. Defined by artisan wood craftsmanship in Georgetown’s Sought-After Community, attracting families, professionals, and retirees with its top-rated schools, thriving job market, and Hill Country charm. Residents enjoy quick access to Hwy 29, Ronald Reagan Blvd, and Austin’s tech corridor, as well as shopping at Costco, Target, and local dining favorites. Known for its safe neighborhoods, scenic surroundings, and strong home value growth, 78628 offers an unmatched quality of life. Morningstar, a premier master-planned community, provides resort-style amenities designed for year-round enjoyment: three pools, basketball and soccer fields, ziplines, stocked fishing pond, multiple playgrounds, pavilions, and scenic nature trails with fitness stations. Zoned to highly rated Santa Rita schools—without higher Santa Rita HOA fees—Morningstar blends lifestyle, convenience, and value. Set on a spacious lot, 324 Gaida Loop is a thoughtfully designed home filled with custom upgrades. The welcoming entry features a striking accent wall that sets the tone for the home’s unique style. The main level boasts an open floor plan with a modern kitchen offering granite countertops, stainless steel appliances, a large island, and an oversized dining area perfect for gatherings. The living room centers around a stunning custom fireplace, creating a warm and inviting focal point. A stylish powder bath with designer finishes adds a touch of luxury. Upstairs, a built-in workstation offers a dedicated space for working or studying from home. 2 guest bedrooms feature thoughtful upgrades, including a custom closet system in one. The primary suite showcases treetop Hill Country views, a spacious en-suite bath, and access to the laundry room. The oversized backyard, complete with a playset, provides endless space for entertaining, gardening, or relaxing outdoors—perfect for embracing the Texas lifestyle.
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.
