This home has to many features to mention, it is a must see!! Fall in love the moment you open the front door and step into the welcoming foyer. All brick home with inground heated pool/spa combo that is screen enclosed and only 10 minutes from Moody AFB. You will enjoy your private backyard oasis year-round. Back yard is privacy fenced and there are 5 pecan trees on the property. Main living areas are huge, currently there is a pool table in the breakfast area that is open to the great room, perfect for having those family get togethers and entertaining. There are custom cabinets throughout the house. Beautiful built in bookshelf and entertainment center in the great room along with a gas fireplace. You will love the beautiful hard wood floors in the foyer, great room and dining room. Kitchen, breakfast area and laundry room have stunning porcelain tile. All carpeting along with wood floors were replaced in October 2020. Primary bedroom is 19'6" x 16'7", large enough for a sitting area. Primary bath has a tile shower, jetted tub, large double vanities and walk-in closet. The other 3 bedrooms are oversized and a bonus room over the garage could be a 5th bedroom as it has a full bath and 2 closets. There are also 3 full bathrooms down stairs. Lots of storage space with walk-in closets. If you want a formal dining room this home has it, could also be a perfect office space. Few things this home offers - new roof November 2024, pool gas heater replaced in April 2025, 250 gallon owned propane gas tank buried (this is for the pool heater, fireplace and grill), sprinkler control box replaced June 2025 with one that can be controlled with your phone and outside up-lights installed in April 2025. You will love the family feeling of the neighborhood while you take those evening walks (subdivision is just 1 street which is a circle. Perfect for walks and kids to ride bikes.) Don't miss out on this home call to today!! Seller is the listing Realtor.
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.
