Welcome to Belle Meadows, a community that instantly feels like home. This inviting split floor plan house with 3-bedroom, 2-bath property offers a thoughtful layout designed for comfort, flexibility, and everyday ease. At the front of the home, the dedicated study feels almost like a bedroom. Complete with a bay window and a door it is only missing a closet, making it an ideal flex space for guests, a playroom, or a fourth-bedroom option. The formal dining room sets the scene for family dinners and celebrations, while the open-concept living room flows smoothly into the massive kitchen and breakfast nook, creating a bright, connected space to cook, gather, and enjoy time together. One of the standout features is the converted back patio, now a fully enclosed bonus living room, that runs the entire length of the newer backyard patio which is complete with a built-in-grill. This incredible space offers room for cozy seating, entertaining, hobbies, or simply stretching out and enjoying the extra square footage that makes this home feel so much larger.The updated primary suite provides a peaceful retreat with dual sinks, a soaking tub, and a separate shower. And storage? You’ll have plenty. There’s a backyard shed plus an attic with extensive decking already in place-perfect for holiday décor, keepsakes, and everything you want neatly tucked away. Belle Meadows offers a refreshing community pool and is zoned to Gerard Elementary, A.D. Wheat Middle School, and Cleburne High School. With shops, dining, and major highways just minutes away, you’ll enjoy the best of small-town charm with quick access to the DFW metro area.If you’re looking for a warm, cheerful, move-in ready home with incredible usable space, this one truly stands out. Come take a look and you’ll feel right at home the moment you step inside.
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.
