2418 Strathfield Ln, Roanoke, TX 76262
5 beds · 4 baths · 3,847 sqft
Get a free consultation call with an expert in the mortgage assumption process.
*UPDATED HIGHLANDS AT TROPHY CLUB HOME WITH 5 BEDROOMS AND POOL* This exceptional 3,847 sq. ft. home offers 5 bedrooms, 3.1 baths, and an abundance of high-end finishes and thoughtful upgrades. From the moment you step inside, you’ll be captivated by the rich wood floors, custom plantation shutters, designer lighting, and soaring ceilings that create a warm and inviting atmosphere. The living room features a wall of windows and a modern two-story fireplace with gas logs that serves as the heart of the home. The recently renovated white kitchen is a chefs dream with quartz counters, including an island with waterfall counters, elegant copper vent hood, double ovens, gas cooktop, pot filler, and more—designed for both function and style. A formal dining room and private home office with French doors add to the home’s versatility. The primary suite is tucked away for privacy and a true retreat, complete with a sitting area, French door leading to the backyard, and a spa-like en-suite bath featuring a soaking tub, quartz counters, a separate shower, and walk-in closet. A newly renovated half bath and a convenient utility room off the garage enhance the home’s functionality. Upstairs, you’ll find a spacious game room and separate media room with large walk-in storage area, four secondary bedrooms as well as a Jack-and-Jill bath and another beautifully remodeled hall bath. Step outside to your private backyard paradise, where a covered patio, sparkling dipping pool, and flat green space provide the perfect setting for relaxation and entertainment. Best of all, no homes directly behind you provide peace and privacy. Located just 15 minutes west of DFW International Airport, this home offers easy access to major highways, world-class shopping, and dining. It is situated within the highly acclaimed Northwest ISD, making it an unbeatable choice for families. With incredible curb appeal, top-tier finishes, and move-in-ready condition, this home is a standout in today’s market.
Source: NTREIS #20841758
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 #20841758
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 of Equal Opportunity Act.