Welcome to this stunning 3-bedroom, 3-bathroom two-story gem in prime Quartz Hill! Meticulously maintained & thoughtfully remodeled, this exceptional home sits on nearly a quarter acre & delivers the perfect blend of luxury, comfort, and functionality. From the moment you arrive, the impressive curb appeal & manicured grass front yard set the tone for what awaits inside. Step through the front door and immediately notice the inviting open-concept floor plan, newer wood laminate flooring, & elegant recessed lighting that fills the space with warmth. The breathtaking kitchen is undeniably the heart of this home and a true chef's dream that will inspire your culinary creativity! Featuring a massive center island with breakfast bar seating, stunning upgraded quartzite countertops, custom tile backsplash, stylish new pendant lighting, & gleaming stainless steel appliances with matching hood. The thoughtful design includes a custom built-in microwave & coffee bar area, new cabinet hardware, & an abundance of cabinetry offering exceptional storage. A generous second living area offers fantastic flexibility, perfect as a bonus room or easily converted into a fourth bedroom if your heart desires. Each of the three spacious bedrooms provides comfortable retreat space. The luxurious primary suite features an expansive walk-in closet plus two additional closets, while the en-suite bathroom boasts a gorgeous custom-tiled walk-in shower. Step outside to your private backyard oasis! The enormous covered patio provides perfect shade for outdoor enjoyment, while the large grass area offers endless possibilities for entertaining. Garden enthusiasts will appreciate the dedicated vegetable and plant growing area. Block walls surround the entire lot for privacy. Bonus features include RV parking, washer & dryer included, and an unbeatable location near shopping. With 1,974 sq ft of beautifully designed living space, this turnkey home is truly one of a kind. 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.
