STUNNING, IMPECCABLY MAINTAINED HOME IN THE HEART OF ARGYLE, ZONED TO HIGHLY ACCLAIMED ARGYLE ISD! This exceptional home is truly move-in ready and located in one of Argyle’s most sought-after neighborhoods. Inside, you’ll find beautiful wood like floors, designer paint colors, and a thoughtfully designed open-concept layout. The kitchen is a true chef’s dream, featuring a gas cooktop, pot filler, walk-in pantry, stunning cabinetry, and a large center island perfect for gathering, cooking, and entertaining. With 5 bedrooms and 3 baths, this home offers an incredible and flexible floor plan. Four bedrooms are located on the main level, while the upstairs space provides the perfect setup for multi-generational living or a private retreat, complete with a spacious bedroom, full bath, game room, and media room. The 5th bedroom also makes an ideal dedicated home office. Large 3 car garage offers plenty of storage and parking. Backyard is spacious and features a large covered patio with an additional shade canopy. Bonus outdoor shed on concrete slab is the perfect storage solution for all those outdoor toys. Residents of Country Lakes enjoy exceptional amenities, including two resort-style pools, a kiddie pool, bocce ball courts, a putting green, playground, dog park, and miles of hike and bike trails. Tree-lined entrances and picturesque lakes dotted with ducks add to the community’s charm and beauty. Ideally located just minutes from vibrant Denton, DFW, Alliance and Love Field airports, University of North Texas, major healthcare, private schools, fine dining, and shopping, this location truly offers the best of everything. Zoned to award-winning Argyle ISD, this is a rare opportunity to enjoy outdoor beauty, convenience, and resort-style amenities all in one place. Don’t miss your chance to experience this incredible home in person!
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.
