Welcome to 6705 Glade Drive — a beautifully appointed 5-bedroom, 3.5-bath home tucked into a lush, tree-lined interior lot in the sought-after Fannin Farms community of Arlington, zoned to award-winning Mansfield ISD. With 3,281 square feet of thoughtfully designed living space, this home offers the room your family has been looking for without sacrificing the warmth and connection that makes a house truly feel like home. Step outside and you'll find your own private retreat — a sparkling pool surrounded by mature trees that provide natural shade and a sense of peaceful seclusion. Whether it's a summer afternoon with the kids, a weekend gathering with friends, or a quiet evening unwinding after a long day, this backyard was made for making memories. Inside, the generous floor plan provides space for every season of life — from a dedicated bedroom for guests or a home office to a primary suite designed for rest and rejuvenation. The 2-car garage adds everyday convenience, and the interior lot location means less traffic and more neighborhood tranquility. Families will love the access to Mansfield ISD schools — consistently ranked among the best in the DFW Metroplex — along with the community's convenient location near shopping, dining, major highways, and everything the greater Arlington area has to offer. Homes like this don't stay on the market long. If you've been looking for the perfect blend of space, schools, and that backyard your family deserves — this is it.
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.
