Welcome to 1 Coventry Court in the desirable Hillcrest Glen community of Conshohocken — a beautifully maintained end-unit townhome situated in the highly sought-after Colonial School District. This colonial-style home offers 2,648 finished square feet across two levels plus a full basement, featuring 3 bedrooms and 2.5 bathrooms. Step inside to a welcoming foyer that flows into a spacious main level with a living room, dining room, family room, and a modern kitchen with elegant finishes and newer appliances. Cathedral ceilings and large windows fill the home with natural light, while a cozy fireplace adds warmth and character to the living space. The upper level features three generously sized bedrooms, including a primary suite with a full bath, along with a second full bathroom and convenient upper-floor laundry. The full basement provides additional living space for entertaining, a gym, or play area, plus extra unfinished storage. Built by local quality builder Sal Paone Builder, this home showcases the craftsmanship and attention to detail the name is known for — from the beautiful combinations of exterior materials to the beautifully updated owner’s bathroom with Carrara Marble tile. Additional upgrades include a newer roof, HVAC system, deck, and water softener, offering true peace of mind. The property also includes central A/C, natural gas heating, 200+ amp electrical service, and a security system. Enjoy outdoor living on the deck overlooking a large, flat backyard—perfect for entertaining, gatherings, or everyday play. The home’s desirable corner lot position on a quiet court makes it one of the best locations in the community, with ample guest parking conveniently located just across the street. You’ll also love being within walking distance to Colwell Park, adding even more lifestyle appeal. The property is pet-friendly, and with an HOA of just $255/month, sidewalks, and street lights throughout the community, Hillcrest Glen offers a low-maintenance lifestyle in the heart of Plymouth Township. Conveniently located near the 5 Points intersection with easy access to local amenities, 476, and downtown Conshohocken.
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.
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 580, 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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
