NEW PRICE – UNMATCHED VALUE! Experience a sprawling, fully renovated luxury Estate for under $530k. Welcome to this beautifully maintained brick front executive home tucked away on a quiet Cul De Sac in the desirable Camaron Springs. With 5 bedrooms, 3.5 baths, plus a finished basement, this home offers both elegance and functionality for everyday living and entertaining.This is the largest and most updated estate currently available in the area at this price point—offering nearly double the space of nearby listings.THE RESIDENCE: Perfectly Situated on a Cul de sac lot, this turnkey estate seamlessly blends timeless architecture with modern sophistication. From the designer lighting to the fresh interior paint, every detail has been meticulously updated for effortless entertaining and multi-generational living.CHEF’S KITCHEN & LIVING: The heart of the home features a striking butcher block island, quartz countertops, and soft-close cabinetry. Oversized bay windows in the great room flood the space with natural light, offering views of your private, lush half-acre lot.THE ULTIMATE BASEMENT: More than just a basement—this is a true extension of the home. Featuring a spacious bonus room/bedroom, home gym, and a renovated spa-bath with custom floating vanity. The built-in wet bar (with wine cooler) and lounge area make this the perfect setup for game nights or a private guest suite. OWNER’S RETREAT: SEAMLESS OPPORTUNITY! Designed for ultimate privacy,The primary wing offers rare flexibility: an oversized secondary bedroom is perfectly positioned for a seamless conversion of the owner's suite into an expansive luxury dressing room, oversized luxury bedroom with a private fireside lounge area, effectively transforming the entire wing into a massive, dual-room owner’s sanctuary."The primary suite is a true retreat with brand new a spa-inspired bath, featuring a rain-head walk-in shower and a freestanding soaking tub. ADDITIONAL SMART & SUSTAINABLE UPDATES:Integrated Smart Home: Nest thermostat, smart lighting, and remote access. Performance: Proactively maintained roof, new garage door, and epoxy-finished garage floors. OUTDOOR OASIS: Professional grading, fescue lawn, and ambient landscape lighting for stunning sunset views. This exceptional estate delivers the perfect balance of massive square footage and modern luxury—crafted for today’s 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.
