Spacious 4-Bedroom Home with NO HOA in Highly Desirable White Rock Estates! Welcome home to this beautifully maintained 4-bedroom, 2.5-bath residence offering 2,575 square feet of living space on a generous 0.29-acre lot in one of the most sought-after neighborhoods—White Rock Estates. With NO HOA, a functional floor plan, and exceptional outdoor living, this home is a must-see! Designed for both comfortable everyday living and entertaining, the home features two spacious living areas, two dining areas, and a stunning double-sided wood-burning fireplace that creates a warm focal point between gathering spaces. The kitchen is equipped with double ovens, abundant cabinet and counter space, and a refrigerator that conveys, making move-in easy. The private primary suite is a true retreat, complete with a jetted soaking tub, walk-in shower with double shower heads, and separate his-and-hers walk-in closets. A large laundry room with a utility sink provides added convenience and storage. Step outside to enjoy the extended covered patio with pergola, perfect for entertaining, grilling, or relaxing beneath the shade of the mature trees that enhance both the front and backyard. Additional features include a 4-sided brick exterior, sprinkler system, gutters, 2-car garage, and a new exterior A/C unit installed in 2023. Location is everything! Enjoy being within walking distance of Purser Family Park and the Harker Heights YMCA, with shopping, dining, schools, and medical facilities just minutes away. Plus, you'll appreciate the easy commute to Fort Hood, making this an ideal location for military personnel and anyone seeking convenient Central Texas living. If you're searching for a move-in ready home, large lot, no HOA, multiple living spaces, outdoor entertaining area, and a prime location, this exceptional property checks every box. Schedule your private showing today!
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.
