Welcome home to this beautifully maintained home in the highly sought-after Winchester Crossing community of Princeton — where comfort, charm, and community come together. Situated on a spacious lot with a large, private backyard, this inviting 4-bedroom, 2-bath home offers the perfect setting for everyday living and making lifelong memories. The thoughtfully designed open floor plan creates a natural flow, with secondary bedrooms separated from the primary suite — privately tucked away at the back of the home for a peaceful retreat. The primary suite features an en-suite bath with dual sinks, a large walk-in shower, and a spacious walk-in closet. At the heart of the home, the kitchen opens seamlessly to the family room, making it easy to stay connected whether you're preparing dinner or hosting loved ones. Granite countertops, an oversized island, stainless steel gas range, built-in microwave, pantry, and abundant storage provide both style and functionality. The custom fireplace in the living room adds warmth and character, creating a cozy gathering space perfect for relaxing evenings at home. Outside, you'll love the beautiful curb appeal, landscaped front yard, full sprinkler system, and covered back patio — ideal for backyard barbecues, playtime, or simply unwinding at the end of the day. Located just down the street from the community pool, park, and splash pad, this home offers easy access to all the wonderful amenities Winchester Crossing is known for, including catch-and-release ponds and scenic walking and jogging trails. With convenient access to Hwy 380, Hwy 75, and the Sam Rayburn Tollway, commuting is a breeze. Plus, you're just minutes from shopping, dining, nearby schools, and only 15 minutes from historic downtown McKinney. This warm and welcoming home is ready to be filled with new memories — come see why it’s the perfect place to put down roots!
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.
