Welcome to 1 Southview Court, an exceptional property offering remarkable flexibility with a luxurious main residence and connected two-story guest home ideal as a private in-law suite or potential short-term rental. Designed for both comfortable everyday living and memorable entertaining, the home is complemented by resort-style outdoor amenities including an in-ground pool, multiple decks and patios, and inviting gathering spaces throughout. Inside the main residence, rich bamboo flooring, crown moldings, and abundant natural light create a warm and welcoming atmosphere. The living and dining rooms feature a decorative accent display wall that adds character and style to the space. The eat-in kitchen is thoughtfully designed with gleaming porcelain tile flooring, granite countertops, an expansive breakfast bar, sleek stainless steel appliances, and a convenient microwave nook. The main-level primary bedroom offers a private retreat with a walk-in closet and en-suite full bath, while a second suite also features its own en-suite bath and access to a covered side deck overlooking the pool perfect for morning coffee or evening relaxation. A powder room and an attached garage, currently configured as an additional living area, complete the main level. The lower level of the main home expands the living space with a comfortable family room anchored by a cozy wood-burning fireplace flanked by built-in shelving, porcelain woodgrain tile flooring, and direct access to the pool and patio. A third bedroom, full bath, laundry room, and bonus room provide additional flexibility for guests, hobbies, or workspace. The connected guest home offers its own private entrance and an impressive layout beginning with a dramatic two-story foyer. The upper level hosts a spacious living room with views of the pool, along with an elegant en-suite bedroom featuring balcony access, custom closets, and a luxurious en-suite full bath. The lower level showcases a stunning kitchen equipped with a waterfall center island with breakfast bar, decorative backsplash, stainless steel appliances, a track door leading to a walk-in pantry, and a casual dining area highlighted by a charming bay window. This level also includes an additional bedroom, bonus room, full bath, and direct access to the pool and patio. Outdoor living is equally impressive, featuring a sparkling in-ground pool, expansive patios and decks, covered seating areas, a bar area for entertaining, a side pergola, secure storage, a fenced backyard, and a welcoming covered front porch. With its unique layout, flexible living options, and resort-like outdoor spaces, 1 Southview Court offers a truly special place to call home.
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.
