Your new home,
made affordable
Find homes with rates as low as 2% before they’re gone.
Buying with Roam can cut your monthly payments in half
Easier to qualify
Simpler process
Interest rate
Monthly payment
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows homebuyers to take over the existing mortgage terms from the seller. All government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Common myths about assumptions, debunked.
Assumptions take too long to close.
We offer a 45-day closing guarantee.
Assumptions are hard to qualify for.
You can get approved with a credit score of 580.
Only veterans can assume a VA loan.
Anyone is eligible to assume a VA loan.
FHA assumptions are restricted by income.
There are no income limits for FHA loans.
The seller is on the hook for buyers payments.
The seller is released from all liability at closing.
Mortgage assumptions are a "subject-to" offer.
The mortgage is in the buyer's name as of closing.
What are customers saying about Roam?
“Roam has been there every step of the way. With Roam, I’ve found the perfect home for my family at an incredibly affordable rate.”
“Homeownership in Atlanta has become dramatically more unaffordable in the last year. Roam will be an invaluable tool to help us pull buyers off the sidelines.”
How to buy with Roam.
Discover
listings
Get
approved
Close
stress-free
We collect a fee of 1% of the purchase price from the buyer through closing costs to make the process simple and stress-free.
Savings over the first 5 years
$100,000
One-time Roam fee
- $5,500
Net savings over 5 years
$94,500
Frequently asked questions
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
