Situated on an oversized double lot spanning more than half an acre, this exceptional Lago Vista home offers the perfect blend of comfort, recreation, and Hill Country living. Situated directly on the active Lago Vista Golf Course, the property provides private rear-gate access for golf enthusiasts. Featuring 4 spacious bedrooms, 3 full bathrooms, a formal dining room, a sizable laundry room, a spacious office/study-flex space with pool access, and a 3-car garage, this home offers both functionality and flexibility for everyday living, with plenty of space for vehicles, golf carts, storage, or hobbies. The open-concept layout is designed for entertaining, with the kitchen flowing seamlessly into the living and dining areas, creating a warm and inviting atmosphere for gatherings both large and small. The spacious office/study-flex room provides endless possibilities and can easily accommodate a home office, media room, playroom, fitness area, craft room, or additional guest space to suit your lifestyle. Large windows throughout the home fill the space with natural light and showcase the beautiful outdoor setting. Step outside and discover your own private backyard retreat. Enjoy the Texas sunshine in the sparkling swimming pool with two waterfalls, unwind on one of the multiple patios, or gather around the fire pit on cool Hill Country evenings. The expansive double lot provides plenty of room to spread out while taking full advantage of the golf course setting, with a rear access gate leading directly to the course. Located in the heart of Lago Vista, residents enjoy access to an impressive array of Property Owners Association amenities, including multiple waterfront parks on Lake Travis, boat ramps, a fishing well, playgrounds, fitness centers, tennis and pickleball courts, hiking trails, and more. Whether you're seeking an active lifestyle, a golf course property, or a peaceful retreat near the lake, this home delivers the very best of Lago Vista living.
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.
