3928 Lazy River Ranch Rd, Roanoke, TX 76262
4 beds · 3 baths · 2,779 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this beautifully designed 2-story home featuring 4 bedrooms, 2.5 bathrooms, and an open, flowing layout designed for everyday living and entertaining. The heart of the home features a stunning family room, where soaring vaulted ceilings and abundant natural light create a warm, welcoming space perfect for relaxing or gathering with loved ones. The main level offers a large, private primary suite, a cozy kitchen nook, and both a formal and separate living room for added flexibility. Upstairs, you'll find a large game room and three generously sized bedrooms, perfect for kids, guests, or any creative setup. Enjoy relaxing on the charming front porch or entertaining in the connected living spaces designed for comfort and flow. This home offers the perfect blend of function and style and is a must see for families or anyone looking for plenty of space in a thoughtfully laid-out home! Nestled conveniently off 170 Fwy, this rapidly growing area is zoned to Northwest ISD. Schedule a showing to tour this gorgeous property and see everything it has to offer!
Source: NTREIS #20903302
Source: NTREIS #20903302
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.