FRISCO ISD • OVERSIZED YARD • FLEXIBLE FLOORPLAN • GOLF COURSE COMMUNITY. Welcome to this charming home in Fairways North at Westridge, a beautifully planned neighborhood within the highly desirable Westridge golf course community. With tree lined streets, community amenities, and access to top rated Frisco ISD, this home offers the perfect blend of comfort, convenience, and lifestyle. The home’s inviting curb appeal immediately stands out. A brick exterior with stone accents, window shutters, and cedar posts with a welcoming front porch create a warm, timeless look. Thoughtfully designed stone hardscape landscaping beds add character and enhance the home’s overall charm. Inside, the flexible floorplan is designed to grow with you. The spacious eat in kitchen provides plenty of room for cooking, gathering, and everyday living. The large living room downstairs features engineered wood floors and an easy, open flow that makes the space feel comfortable and functional. A versatile office or formal dining room, also with wood floors, adds even more flexibility to the layout. Upstairs, a loft style second living area offers valuable additional space — perfect for a game room, playroom, home office, or media area. The primary suite is impressively large, with room for a sitting area or extra furniture. Both secondary bedrooms are oversized, giving everyone generous personal space — a rare find and ideal for home buyers who want room to grow. One of the standout features of this home is the private, oversized backyard. With a covered patio and plenty of open space, it’s perfect for pets, play, gardening, or weekend gatherings. It’s the kind of yard that truly expands your living space and gives you endless possibilities. Located in a sought after golf course community, this home offers an exceptional opportunity to enjoy McKinney living, Frisco ISD schools, and easy access to major highways, shopping, dining and more.
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.
