Experience the perfect blend of modern luxury & timeless sophistication in this extraordinary Farmers Branch - Addison, Texas creekfront home for sale. Situated on a rare, oversized lot at the end of a private cul-de-sac, this property offers unmatched privacy, natural beauty, and architectural distinction. Thoughtfully reimagined for comfort, entertaining, & multigenerational living, it represents one of Farmers Branch’s most refined residential retreats. Inside, rich hardwood floors flow through open living spaces, highlighted by a stunning custom glass staircase that anchors the home with modern artistry. Soaring ceilings and walls of windows bathe each room in natural light while framing tranquil views of the creek, mature trees, and golf course. Recent upgrades include multiple updated HVAC systems, a newer roof, & a professionally refinished pool surrounded by expansive patios & outdoor dining verandas—ideal for year-round enjoyment. The chef’s kitchen features professional-grade stainless steel appliances, custom cabinetry, & generous workspace, seamlessly connecting to the den and outdoor living areas. Each bedroom offers a private bath and sitting area, providing flexibility for guests, family, or multigenerational needs. Elegantly renovated bathrooms, a large utility room, & oversized garage add functionality & comfort. Designed for today’s dynamic lifestyles, this home adapts beautifully for artists, entertainers, or professionals working from home. Additional highlights include multiple parking areas, tiled walkways linking indoor & outdoor spaces, and thoughtfully curated details throughout. Located near Brookhaven Tennis and Golf Club, top-rated private schools, major hospitals, & Dallas North Tollway access, this residence offers both seclusion and convenience. Surrounded by mature trees in an established neighborhood, this property defines luxury creekfront living in Farmers Branch—a private sanctuary of elegance, light, and modern design.
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.
