2225 Casinos Dr, Little Elm, TX 75068
3 beds · 2 baths · 1,587 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome To Your Dream Home In The Delightful Valencia On The Lake Neighborhood, Right Next To The Beautiful Lake Lewisville! Imagine Stepping Out Your Front Door To A Stunning View Of A Lush, Tree-Filled Greenbelt. This Bright And Breezy Open Floor Plan Invites You Into A Sunlit Haven Where The Living Room, Dining Room, And Kitchen Blend Seamlessly Into One Fantastic Space. You’ll Have All The Freedom To Design A Layout That Suits Your Lifestyle Perfectly. The Blonde Wood-Like Laminate Floors Are Not Only Stylish But Also Super Easy To Maintain—Ideal For Both Entertaining And Everyday Family Life. And For The Culinary Enthusiast, The Kitchen Is A Dream Come True With Its Massive Island Seating, Sleek Granite Counters, A 5-Burner Gas Range, Plenty Of Cabinets, And A Spacious Pantry! A Roomy Utility Area With Extra Storage Space Leads You To A Charming Covered Patio And Backyard. Indulge In Your Primary Suite, Complete With A Luxurious Bath Featuring A Large Soaking Tub, Separate Shower, Double Vanity, And A Walk-In Closet. Plus, There Are Two More Cozy Bedrooms At The Front Of The House Sharing A Full Bath. The Community Is Packed With Fantastic Amenities, Including A Lakeside Community Center, Swimming Complex, Ballroom, And Courts For Sand Volleyball And Tennis. And Just 9 Miles Away, You’ll Find Little Elm Park On Lake Lewisville, Offering A Boat Ramp, Playground, Amphitheater, Picnic Spots, Swim Beach, Softball Fields, Sand Volleyball, Hiking And Biking Trails, And The Nearby Lighthouse Grill For A Tasty Treat. Roof being replaced May 2025, Flooring completed April 2025.
Source: NTREIS #20902585
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.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: NTREIS #20902585
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.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.