You’ll feel right at home in this stunning single-story residence, ideally located just 20 minutes from Downtown Fort Worth. The thoughtfully curated floor plan is perfect for both family living and entertaining, as it seamlessly connects the living, kitchen, and dining areas. Upon entrance, you're greeted by a handsome study tucked behind french doors, offering a quiet and private space—perfect for working from home. The family room invites you to make beautiful memories, featuring a cozy wood-burning fireplace and plenty of space for everyday relaxation or hosting guests. At the heart of the home, the kitchen has everything a home chef could want—generous counter and cabinet space, plus a breakfast bar for quick meals. Just off the family room, a dedicated dining area offers an ideal setting for family celebrations or dinner parties. The spacious primary suite has a well-appointed bath with a soaking tub and walk-in shower, making it your private escape to unwind at the end of the day. The secondary bedrooms are comfortably sized and share a full bath with a brand-new vanity. You’ll have peace of mind for years to come with several big-ticket items recently replaced, including the HVAC ’25, water heater ’24, fresh paint throughout, and gorgeous flooring with no carpet anywhere. Step outside to a very private backyard, where a retaining wall enhances the peaceful seclusion. Neighborhood amenities include a sparkling pool, park, and playground. This home is positioned for educational excellence, as all schools are all only minutes away. Excellent and rapidly appreciating location near Chisholm Trail Parkway and Interstate 20, offers an easy commute to countless shops, restaurants, recreation, and local attractions—including the iconic Fort Worth Stockyards and vibrant downtown.
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.
