Welcome to this beautifully designed 4-bedroom home in highly desirable West Sherman—offering modern features, energy efficiency, and unbeatable convenience. Built in 2020 by Riverstone Homes and enhanced with thoughtful upgrades, this property blends comfort, sustainability, and everyday functionality. This home includes solar panels, fully paid at closing , a reverse osmosis water filtration system at the kitchen sink, and a water softener for the whole house. Delivering exceptional water quality, long-term savings, and eco-friendly living—rare benefits in this price point and area. The recent 2025 roof replacement adds peace of mind and improved efficiency. Step inside to an inviting open-concept layout featuring wood floors, abundant natural light, and a spacious family room designed for gathering and connection. The large kitchen offers granite countertops, an island , and clear sight lines to the dining and living areas—ideal for hosting and everyday flow. The first-floor primary suite features dual vanities, separate tub and shower and a generous walk-in closet. A dedicated flex room on the main level is perfect for a home office, playroom, or reading nook. Upstairs, three additional bedrooms, plus a versatile loft suited for movie nights, gaming, or homework. Just minutes from shopping, dining, and Downtown Sherman. Sherman High School is approximately 2 miles away, while major employers including Texas Instruments and GlobiTech are less than 5 miles from the home—ideal for commuters, relocation buyers, and investors. With upgraded efficiency, smart enhancements, and a flexible floor plan, this West Sherman home delivers comfort, style, and strong long-term value.
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.
