This exquisite home is a masterfully constructed gem located in a quiet secluded area within the highly sought-after Master Planned Heritage community. With pool, clubhouse, and parks, this community offers an unparalleled lifestyle. This rare property is not just a home; it's a breath-taking retreat that combines luxury and convenience in the heart of Keller ISD. 3.25% FHA Assumable. Upgrades & Updates: HVAC Unit Goodman July 2025, dish washer 2024, Window Shutters 2024, Secret Hidden Living furnished Attic 2024, Air Duct Cleaning 2024, Laundry room Cabinets 2024, Ceiling Fans 2024, Recessed Lights 2024, Chandelier 2024, Garage door 2023, Backyard 2023, Guest Bathroom upgrade standing shower 2023, Wireless Wi-Fi Cameras 2023, Pre wired alarm system. This stunning, almost new, energy-efficient home features 3 bedrooms, 3 bathrooms, and 2 living areas, making it the perfect choice for entertaining. The open-concept kitchen and family room create a welcoming space for gatherings of all kinds, providing an abundance of room for your lifestyle. You will experience the essence of Heritage living, where luxury, comfort, and convenience converge seamlessly. The interior is drenched in natural light, enhancing its allure and warm ambiance. Boasting elegant cabinets, veined marble countertops, luxury vinyl plank flooring, and plush textured carpet, this home is designed for those who appreciate both style and comfort. Discover a hidden gem nestled in the attic—an extraordinary fully air-conditioned furnished men's cave and office that serves as the ultimate sanctuary for creativity and productivity. This masterfully concealed retreat transforms your workspace into a haven of inspiration, where every corner is designed to ignite your imagination and fuel your ambitions. This cleverly concealed sanctuary transforms your workspace into a source of inspiration, where every nook is thoughtfully crafted to spark your imagination and drive your ambitions forward.
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.
