Stunning one story estate located in the gated community of The Waters of River Crossing. This exceptional 4,600+ sq. ft. home offers breathtaking panoramic backyard views of holes 1 & 2 and the pond of River Crossing Golf Course. Thoughtfully designed for entertaining and everyday luxury, this residence features 4 bedrooms, 3.5 baths, with the 4 bedroom being versatile as a secondary suite ideal for a study, guest space, or flex room. The chef's kitchen is a true showstopper, complete with custom hickory cabinetry, double wall ovens, warming drawer, pot filler, built-in ice maker, prep kitchen, two walk-in pantries, oversized island with veggie sink, instant hot water, slide-out cutting boards, pull-out spice racks, and abundant storage. The private primary suite offers exterior access, tray ceilings with accent lighting, and a beautiful bay window. The spa-like primary bath features dual vanities, a soaking Jacuzzi tub, and an expansive walk-through shower. The custom walk-in closet includes built-ins and a full-length mirror. The living room showcases wood beam ceilings, a gas-start stone fireplace with wood mantle, custom built-ins, and expansive windows framing views of mature oaks and the golf course. A wet bar seamlessly serves both the living room and patio, making it perfect for indoor and outdoor entertaining. Step outside to a backyard designed for resort-style living, featuring a high-end custom pool with spa that is less than two years old, perfectly positioned to take in the serene golf course and water views. Exceptional setting for both relaxation and entertaining. Bedrooms 3 and 4 feature tray ceilings, private vanities, and walk-in closets. The game room boasts vaulted ceilings, wood beams, and exterior access. Additional highlights include surround sound inside and out, central vacuum, circular drive, and a spacious laundry room with cabinetry, sink, built-in ironing board, and convenient access from the primary suite. The oversized 3-car garage includes cabinetry, counter space, room for a freezer, plus an additional workshop with exterior access. Exceptional quality construction, remarkable features, and an unbeatable setting-this home is truly a must-see to fully appreciate. Easy Access to 281, school, restaurants and shopping
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.
