Beautifully Updated 3-Bedroom Home in North Richland Hills located in Birdville ISD Welcome home to this well-maintained and thoughtfully updated 3-bedroom, 2-bath residence located in a cul-de-sac in the heart of North Richland Hills and within the highly sought-after Birdville ISD. This home offers a fantastic combination of comfort, functionality, and recent improvements that make it truly move-in ready. Major updates include a new Air Conditioning unit installed December 2022, new energy-efficient windows (December 2019), and new gutters installed January 2020, providing peace of mind for years to come. In August 2023, new flooring was installed in the kitchen, laundry room, living room, and hallway, giving the home a fresh, modern feel. The functional layout features 3 bedrooms and 2 full baths, an optional dining or office space, and a primary bedroom with a built-in desk, ideal for working from home. The kitchen comes equipped with a range, dishwasher, and refrigerator, all included. Step outside to a fully fenced backyard offering space and versatility, complete with both a storage shed and a she-shed—perfect for hobbies, a home office, creative space, or additional storage. A 2-car garage adds even more convenience. Conveniently located with easy access to major highways, this home offers a smooth commute to Fort Worth, downtown areas, and DFW Airport, while being close to shopping, dining, parks, and local amenities. Enjoy the charm of an established neighborhood with a strong community feel. With its excellent location, desirable school district, and extensive updates throughout, this North Richland Hills home is an opportunity you won’t want to miss.
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.
