**Fall in Love with Modern Living in the Heart of Grover Park** Tucked away just off Clear Creek Road in the vibrant Grover Park Community, this contemporary stunner is the kind of home that captures your heart the moment you step inside. Thoughtfully designed and beautifully finished, this four-bedroom, two-bath gem blends comfort, style, and functionality in all the right ways. The open-concept layout welcomes you with warm natural light and an inviting flow perfect for gatherings. A striking tiled fireplace anchors the living room—an ideal showcase for art, treasured photos, or seasonal décor. Just beyond, the kitchen steals the show with custom wood cabinetry, gleaming granite countertops, a spacious pantry, and plenty of room for cooking, hosting, and everyday living. The split floorplan ensures privacy, leading you to an unbelievably spacious primary suite that feels like a personal retreat. Enjoy a luxurious his-and-her bath complete with a deep soaking tub, dual closets, a double vanity, and an oversized walk-in shower designed for pure relaxation. Across the home, three generous secondary bedrooms offer comfort for family or guests, each with great closet space and ceiling fans. An indoor laundry room accommodates even the largest washer and dryer, and the two-car garage comes equipped with pull-down attic stairs, a garage door opener with remotes, and a full-yard sprinkler system. Step outside to your private, fenced backyard—perfect for summer barbecues, cozy winter s’mores, or simply unwinding on the covered patio after a long day. Located in South Killeen, this home puts you minutes from shopping, dining, medical facilities, schools, Fort Hood (5 minutes), Texas A&M (10 minutes), and quick routes to Georgetown and Austin. Homes like this don’t stay on the market long. **Schedule your private showing today and experience Grover Park living at its finest.**
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.
