Room for Everyone—and Everything You Love! This nearly 4,000 sq. ft. home has all the space you’ve been searching for—4 bedrooms, 3.5 baths, a media room, loft, and a flexible layout designed for both everyday living and entertaining. It’s been well cared for and thoughtfully designed to fit how people really live. Downstairs, the primary suite offers a quiet retreat, while the open-concept living area brings everyone together. The kitchen is a dream for anyone who loves to cook or host—tons of cabinet space, an oversized walk-in pantry, a large island, and easy flow into the dining and living rooms. Upstairs, three additional bedrooms provide plenty of space for family or guests. Two share a convenient Jack-and-Jill bath, while the third has its own private bath. The tucked-away media room is ready for movie marathons or game day gatherings. Outside, the oversized backyard gives you endless options—a play set, garden, or space to relax under the stars. Located in a quiet, established neighborhood within Mansfield ISD, this home is minutes from top-rated schools, downtown Mansfield’s local shops and restaurants, and family favorites like Hawaiian Falls water park. And there’s even more excitement coming—Mansfield’s new multi-use soccer stadium, home to North Texas SC, opens in summer 2026. With space, comfort, and a community that keeps getting better, this is the kind of home you don’t want to miss. Schedule your showing today.
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.
