One of the most unique lots in the neighborhood. No adjoining neighbors. Backing to 4 acres of open space. Paired with an unbeatable Whitestone location putting shopping, dining, and daily essentials just minutes away. This is the kind of privacy buyers rarely find. This 3 bed, 3 bath home with a flexible office/optional 4th bedroom and detached 2-car garage is designed for how people actually live. The downstairs office sits next to a full bath and features double French doors. Easily functions as a guest suite or 4th bedroom with the addition of a closet. Inside, the layout works. Spacious primary suite with Jacuzzi tub and two closets. No carpet (except two small closets). Hardwood flooring throughout. Ceiling fans in every room. Step outside and it changes everything. Shaded backyard. Mature live oaks. No rear neighbors. Private patio with firepit, Edison lighting, garden beds, and space to host. Pet-friendly with large dog door and custom yard partition. Major upgrades done for you: New paint (2026), All bathrooms remodeled (2021–2022), Full gutters (2021), Water heaters (2022), Whole-home water filtration + softener (2021), Washer, dryer, dishwasher (2021), Clean air focus with duct cleaning + HEPA filtration. Walkable lifestyle: Paved trail leads to dining, shopping, and entertainment near Whitestone/183A including The Grove Wine Bar & Kitchen, Hopdoddy Burger Bar, Torchy’s Tacos, Cinemark, and Popstroke. Neighborhood offers 2 pools, parks, and Community Center. Privacy. Flexibility. Location. This one stands out the second you see it.
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.
