Find out WHY Harvest is a MCSAM AWARD WINNING COMMUNITY 2025 and many prior years! HARVEST is a totally unique, highly sought-after Agri-Hood designed for a healthy and connected lifestyle with community garden, sports facilities, Harvest restaurant and gift shop, Multiple pools for residents only, Dog Parks, Walking Trails, Fitness Centers and countless neighborhood amenities and events that make Harvest truly special. THIS HOME IS A VERY low-maintenance, zero-lot-line FULL sized home offering complete privacy. 4 BEDROOMS, 3 FULL bathrooms, 3 LIVING AREAS including a DOWNSTAIRS GUEST bedroom and FULL BATH. Fresh gray and white interior paint, tiled flooring and brand-new carpeting, 2 inch blinds makes this home BETTER THAN NEW!! OPEN concept living area is ideal for entertaining and everyday living. A dedicated home office which can double as a formal dining room. The primary suite is thoughtfully located downstairs at the rear of the home, offering a quiet retreat away from street noise and exterior lighting. Upstairs, you’ll find two generously sized bedrooms and a LARGE GAMEROOM perfect for family or guests. Open kitchen features granite countertops, eating island, ample cabinetry, pantry, and a gas cooktop—perfect for cooking and gathering. Step outside to the private back patio with natural gas outlet for a grill. Stonework provides easy upkeep with the option to allow grass to grow for pets or play. Additional highlights include a rear entry garage for additional privacy with seller installed extra large overhead shelving and a work area for a bench or storage. BETTER THAN NEW ULTRA clean. Top-rated Argyle ISD schools. New Tom Thumb opening this Spring with all the additional restaurants and shops, Tankless on demand gas hot water heater. This home combines comfort at a GREAT Size, style, and an exceptional community lifestyle—don’t miss the opportunity to make it yours. NOTE The ZILLOW Tour Colors are incorrect, this is a VERY GRAY house!!!
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.
