VA loan
1 of 38
VA loan
$420,000 SIGNIN

Sign in to see required down payment for the 4.25% rate

1029 White Marlin Dr, Burleson, TX 76028

5 beds · 3 baths · 2,644 sqft

Concierge

Get a free consultation call with an expert in the mortgage assumption process.

Welcome to this fabulous 5 bedroom, 3 bathroom home on an expansive lot in the charming city of Burleson, TX. This property features 50 modern solar panels with 2 batteries, ensuring energy efficiency and cost savings. Step inside to discover a spacious living room with an adorable brick & stone fireplace that flows right into the gourmet kitchen that is perfect for cooking; complete with stainless steel appliances, including a double oven range, granite countertops and tons of storage. The home has split bedrooms and a second living or dining space for added privacy. The back bedroom and bathroom would be perfect as a mother-in-law suite, offering flexibility for guests or multi-generational living arrangements. The oversized backyard includes a large, covered patio, cute gardening beds, a storage shed and plenty of space for outdoor activities. This home has had many updates that include flooring, paint, appliances, countertops, fully remodeled guest bath, roof and HVAC system. Don't miss out on your chance to call this house your new home!

Estimated
Seller's interest rate
4.25%
7%
Estimated
Monthly payment

$1,417
$1,529
You may also save up to $11,101 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $1,529 monthly payment

Financed
SIGNIN
Location
Use two fingers to move the map
Loan details
Loan type
VA
Rate
4.25%
Remaining term
8 yrs and 3 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$1,417
Principal & interest
$1,009
Mortgage insurance
-
Property taxes
$47
Home insurance
$360
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
2,644 sqft
Lot size
0.3840 acres
Year built
2005
Type
Single Family Residence
HOA dues
$0.00

Source: NTREIS #20774051

Qualify

To qualify, you must meet the current FHA or VA 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%. 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.

FHA (Federal Housing Administration) loans

FHA loans require the buyer to assume the mortgage as a primary residence.

VA (Veteran's Affairs) loans

You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.

Investors

You may be able to assume a VA mortgage as an investor without it being your primary residence.

Resources
Frequently asked questions

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.

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.

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 620, 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.

View all FAQs
Last updated: Apr 26, 2025 12:35 am
Listing agent: LaGatha Baxter
Contact listing agent
Listing provided courtesy of: TheGreenTeam RE Professionals (817) 988-8664
Details provided by NTREIS and may not match the public record.
MLS ID: #20774051
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
$1,417
View details