Some homes immediately feel like they fit the life you want to live — and 550 Thistle Ln is one of those rare finds. Set on a peaceful country lane in Maxwell, this home offers the space, comfort, and Texas charm buyers love, all while keeping you close to San Marcos, Lockhart, and Luling. Step inside and you’re welcomed by an open-concept living and dining area filled with natural light. It’s the kind of layout that makes everyday living easier and gatherings more enjoyable. The kitchen is designed for real use — plenty of counter space, solid cabinetry, and a setup that keeps you connected whether you’re cooking for two or hosting a crowd. The primary suite gives you the privacy you need, complete with an en-suite bath and a generous closet. With five bedrooms and three full baths, this home adapts to your life instead of the other way around. Need space for a growing family? A dedicated office? A guest suite? A hobby room? You can have all of it here — and at a price point where this kind of flexibility is hard to find. Outside, the covered porch invites slow mornings, quiet evenings, and everything in between. The landscaping is lush and welcoming, creating a peaceful backdrop for backyard barbecues, sunset watching, or simply enjoying the quiet you came to the country for. Maxwell offers that ideal balance of small-town calm with easy access to the places you go most. Wide-open roads, a friendly community feel, and highly regarded Hays county schools make this more than just a home — it’s a lifestyle upgrade. Five bedrooms. Three baths. Endless possibilities. Homes like this don’t sit long. Schedule your showing and see why 550 Thistle Ln feels like the right place to call home.
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.
