This freshly UPDATED single-story home is situated on a desirable CORNER LOT in the Liberty Crossing community in Eagle Mountain Saginaw ISD. With NEW INTERIOR PAINT, UPDATED PERGO FLOORING, UPDATED LIGHTING, APPLIANCES INCLUDED and a thoughtful, flexible layout, this home is truly MOVE-IN READY with a price per sq ft that is unbelievable! Inside, you’ll find a light and OPEN FLOOR PLAN that just makes sense. The main living area flows seamlessly into the kitchen and an additional flex space, creating a central hub that keeps everything connected. The kitchen features LARGE GRANITE COUNTERTOPS, a GAS STOVE, ample cabinetry and the REFRIGERATOR IS INCLUDED. There is a DEDICATED PANTRY and a space that can be used as a butler's pantry or second office, across from the SEPARATE LAUNDRY ROOM with WASHER AND DRYER INCLUDED. The SPLIT FLOORPLAN is the real star with the primary wing located in a private nook in the back of the home and the secondary bedrooms offset in a private hallway. A DEDICATED HOME OFFICE offers a quiet space for remote work, homework, or home organization. The FLEX ROOM can be used as a SECONDARY LIVING or FORMAL DINING, providing versatility depending on your lifestyle needs. Outside, the CORNER LOT delivers added CURB APPEAL, EXTRA YARD SPACE, and increased privacy from neighboring homes. The EXTENDED BACK PATIO is ideal for grilling, relaxing, or hosting friends and family, making outdoor living easy and enjoyable. LAWN MOWER AND PATIO FURNITURE ARE INCLUDED Located in Liberty Crossing, residents enjoy community amenities including a COMMUNITY POOL, PARK, PLAYGROUND, and WALKING TRAILS, all with convenient access to nearby shopping, dining, and commuter routes. This home combines fresh updates, functional spaces, and a great neighborhood — a rare find that checks all the boxes. This home is ideal for anyone who needs space they can customize to their needs in an open, airy floorplan that creates the perfect flow for life.
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.
