From the moment you arrive, this beautiful 4 bedroom, 2 bath home stands out with its inviting curb appeal, mature shade tree, and warm, welcoming feel. With a spacious 2 car garage and a layout designed for everyday living, or hosting if that's your thing, this home blends comfort, functionality, and style in all the right ways. Inside, you’re welcomed by tall ceilings, rich wood-look flooring, crown molding, recessed lighting, and soft neutral tones that create a bright atmosphere throughout the home. The living room feels open and airy while still maintaining a comfortable, inviting feel centered around the fireplace. The dining area offers plenty of room for hosting dinners, holidays, or everyday meals, while the additional breakfast space creates flexibility for busy mornings, homework time, or extra seating when entertaining. The kitchen features refreshed white cabinetry, granite countertops, stainless steel appliances, stylish backsplash details, and a well placed island for food prep. The primary suite is tucked away from the secondary bedrooms and features a spacious ensuite bath with dual sinks, an oversized walk-in shower, and a spacious walk-in closet. All bedrooms have updated carpet and are generously sized, offering flexibility for guests, a home office, or hobbies, depending on your needs. One of the standout spaces is the temperature controlled sunroom overlooking the backyard — a lovely space for morning coffee, quiet evenings, plants, hobbies, or simply enjoying a little extra living space year round. Step outside to a fenced backyard with the added privacy of no homes directly behind the property, creating a more peaceful and open feel. A storage building adds convenience for tools, outdoor equipment, or seasonal storage. Quick and convenient access to I-35W and Highway 67 for commuting to Burleson, Ft. Worth, and surrounding areas. Move-in ready and filled with warmth and character, this feels like home the moment you walk in.
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.
