VA loan
1 of 38
VA loan
$669,000 SIGNIN

Sign in to see required down payment for the 3.375% rate

913 Ashland Ct, Mansfield, TX 76063

5 beds · 5 baths · 4,468 sqft

Stunning Custom Home in Mansfield – Partially Renovated with Luxury Upgrades! Just needs someone to finish it! A remarkable 5-bedroom, 3 full bath, and 2 half bath estate spanning 4,468 square feet on a half-acre lot. This expansive home has been rebuilt from the studs up following a freeze, offering a rare opportunity to own a property that blends modern luxury, energy efficiency, and superior craftsmanship. Key Features & Upgrades: Brand New Roof (June 2024) - $77,000+ Investment GAF Level 4 impact-resistant roof Velux impact-resistant skylights with power shades State-of-the-Art HVAC & Electrical (2022) Fully rewired electrical New 5-ton & 3-ton 20 SEER AC Heat systems with UV filters Upgraded insulation for maximum energy efficiency Completely Redesigned Interior Open-concept living with removed walls & structural beams added New dual-pane, tilt-out windows for natural light & energy savings. Custom LED can lighting installed in every room. Enlarged openings to enhance sightlines from the grand entrance to the backyard. Chef’s Dream Kitchen – $100,000+ in Upgrades! Oversized island with cabinetry on all sides, high-end Wolf & Sub-Zero appliances, 36” Wolf Induction Cooktop with pop-up exhaust, 30” Wolf Double Oven & Induction Steam Oven, 30” Sub-Zero Freezer & Refrigerator, 15” under-counter “Sonic” ice maker, 33” custom hammered copper & nickel farm sink, Custom Knotty Alder cabinets with soft-close pull-outs, Fantasy White Marble leathered countertops & window caps. Loft & Upstairs Suite – Ideal for Multi-Generational Living, brand new carpet & pad installed (Dec 2024). Remodeled ½ baths Gorgeous saltwater pool & spa with new pool equipment Spacious covered patio with pergola Plenty of yard space for entertaining & outdoor activities Remaining Customization Opportunity (Est at $80K - $85K to Complete) Flooring installation throughout remaining rooms Master & guest bathroom updates Paint in all bedrooms Landscaping enhancements

Estimated
Seller's interest rate
3.375%
7%
Estimated
Monthly payment

$2,511
$3,271
You may also save up to $227,156 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 $3,271 monthly payment

Financed
SIGNIN
Location
Use two fingers to move the map
Loan details
Loan type
VA
Rate
3.375%
Remaining term
24 yrs and 11 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$2,511
Principal & interest
$1,768
Mortgage insurance
-
Property taxes
$168
Home insurance
$574
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
4,468 sqft
Lot size
0.5 acres
Year built
1985
Type
Single Family Residence
HOA dues
$0.00

Source: NTREIS #20857171

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 18, 2025 12:37 am
Listing agent: Rick Fruge
Listing provided courtesy of: eXp Realty LLC (888) 519-7431
Details provided by NTREIS and may not match the public record.
MLS ID: #20857171
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.
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