Ask about 1% lender concessions or a $4K grant available through preferred lender partners that may help make this home more affordable. Located in a newer North Fort Worth community, 9001 Bronze Meadow Drive offers a strong combination of everyday convenience, thoughtful features, and a neighborhood designed with families in mind. One of the most valuable aspects of the community is the elementary school located within the neighborhood, along with a pool, playground, and basketball court. Residents also enjoy walking trails and green spaces, creating an environment that encourages outdoor activity, evening walks, and time spent outside. The home features 3 bedrooms, 2 bathrooms, and 1,686 square feet, with a comfortable and functional layout that works well for everyday living. A screened-in covered patio provides shaded outdoor space, while the wooden deck with a built-in gas line makes outdoor cooking and entertaining easy. Additional features include a pull-down garage door screen, allowing fresh air while keeping insects out and creating a flexible space for projects, workouts, or an extra hangout area. The home is also equipped with high-level security screens on the windows and exterior door, offering added protection while still allowing airflow. This is a feature that needs to be seen in person to appreciate the level of security and quality it provides. Solar panels help reduce energy costs. The location offers easy access to Presidio Village and Alliance Town Center, along with nearby H-E-B, Costco, Buc-ee’s, and Andretti’s. On nice days, residents can also walk to Starbucks just outside the neighborhood, adding another layer of everyday convenience. This home is well suited for buyers looking for their next family home in a community that supports daily life, outdoor enjoyment, and long-term livability. Buyers are encouraged to ask about the 1% concession option that may help with affordability depending on financing.
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.
