Backyard Oasis! New Roof! Protected By A Home Warranty! This stunning 5 bedroom 4 bath 5,200 square foot home in Sachse Texas offers everything buyers dream of. Enjoy a custom built pool and spa with elegant water features, glowing pool lights, and two outdoor fireplaces that create the perfect space for entertaining or relaxing. The home also includes a private media room, a spacious game room, and a dedicated office ideal for remote work or study. A full home surround sound system plays throughout the interior and outdoor areas, making it perfect for gatherings and family events. The home features a California King Closet designed for ultimate organization and space, adding a true luxury touch. Inside, the open floor plan blends comfort with style, highlighted by tall ceilings and bright natural light that fill each room. Step out onto your private balcony overlooking the resort style backyard or unwind under the covered patio and 10x20 gazebo. A 10x10 shed provides added storage and the extensive concrete patio offers room for grilling, outdoor seating, and future upgrades. The 3 car garage adds convenience, ample space, and functionality. This home can be sold fully furnished at an agreeable price, making it the perfect move in ready option for buyers seeking a complete package. Located in one of Sachse’s most desirable neighborhoods, close to top rated schools, shopping, and major highways, this home truly stands out. Perfect for those searching for homes for sale in Sachse Texas with a pool, spa, media room, office, and large entertaining spaces. This property combines comfort, quality, and value all in one.
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.
