**RECENT PRICE IMPROVEMENT** Ready for Summer pool parties and entertaining! Most pool homes in this price range make you choose — the pool, or the parking, or the privacy. 767 Dove Circle doesn't make you pick. Tucked on a private cul-de-sac lot near Central Park in Lewisville, this updated 3-bedroom, 2-bath home comes with a custom in-ground pool, an 8-foot privacy fence across the back of the property, AND a 10-foot 3-car covered carport with clearance for boats and small RVs — a combination that's genuinely rare at this price point in Denton County. All with NO HOA. Inside, the home has been thoughtfully updated where it counts. The main living area makes an immediate impression: vaulted 15-foot shiplap ceilings, skylights, and hard floors throughout. The kitchen features beautiful countertops and stainless appliances. The primary suite is on the main floor and was expanded beyond the original footprint. Two additional bedrooms sit upstairs. Both bathrooms have been fully updated. High-efficiency windows throughout. The backyard is its own world — completely fenced and centered around the custom pool with in-water benches, a water feature, and stone coping. Oversized patio and outdoor firepit, great for all your outdoor entertaining. The oversized driveway and converted rear garage storage round out a property that just works for real life. Home warranty in place for new owners for 1 year. Major systems updated: HVAC 2020, attic insulation 2025 — see seller's disclosure. Lewisville ISD. Minutes from Central Park, top-rated schools, and every major DFW commuter route including DFW airport.
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.
