767 Dove Circle is a 3-bedroom updated pool home in Lewisville, Texas 75067, located within the Lewisville ISD school district on a private cul-de-sac lot near Central Park. This home is one of the few properties in the area offering a 10-foot 3-car covered carport with clearance for boats and small RVs, an 8-foot privacy fence, and a custom in-ground pool - a combination that is difficult to find on a residential lot in this price range. Inside, the home features hard floors throughout with no carpet, a vaulted 15-foot shiplap ceiling with skylights in the main living area, and an updated kitchen with quartzite countertops and stainless steel appliances. The primary suite is on the main floor and was expanded beyond the original footprint. Two additional bedrooms are upstairs. Bathrooms have been fully updated. High-efficiency windows are installed throughout. The backyard is fully enclosed by an 8-foot privacy fence for complete privacy. The custom pool includes in-water benches, a water feature, and stone coping. The open patio provides space for outdoor dining and entertaining. The 10-foot 3-car carport accommodates additional vehicles, a boat, or a small RV. The rear garage has been partially converted for dedicated storage. The oversized driveway provides additional off-street parking. Major systems are updated: HVAC replaced in 2020, attic insulation added in 2025, roof replaced - see sellers disclosure. This move-in ready Lewisville TX home is minutes from Central Park, top-rated LISD schools, and major DFW commuter routes.
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.
