Welcome to your treehouse in the woods — inside one of the Lake Wylie's most remarkable communities. Tucked toward the back of the prestigious, gated River Hills neighborhood on a quiet cul-de-sac, this 3-bedroom, 2.5-bath contemporary home sits on nearly half an acre surrounded by mature hardwoods, azaleas, and dogwood trees. It's private, peaceful, and completely one-of-a-kind. The main level is designed for both everyday living and entertaining. Hardwood floors run through the foyer, kitchen, dining room, and living room. The great room features a stunning stone wood-burning fireplace and soaring ceilings. The kitchen offers a center island, solid surface countertops, and a breakfast area bathed in natural light from the adjacent sunroom — a standout space perfect for a home office, reading room, or morning retreat. The master suite is on the main level with a large walk-in closet and ensuite with new flooring. Main level laundry completes the thoughtful layout. Upstairs, two generously sized bedrooms share a full bath with double sinks, plus a large loft ideal for a second office, playroom, or media space — and a flex room perfect for a craft room, studio, or 4th sleeping area. Step outside to the expansive rear deck and hot tub deck — made for entertaining, and stunning in the spring when the azaleas bloom. No lawnmower needed on this home, it's nested in it's natural surrounds. Enjoy the outdoors with large backyard deck accessible from the living room, or sunroom. On the back deck you'll also find a 40 jet hot tub (hardly used). The large unfinished basement offers serious storage and workshop potential. River Hills amenities are unmatched: gated entry, golf course, tennis and pickleball courts, fitness center, horse riding, community garden, walking trails, and direct access to Lake Wylie with a private beach. Camp Thunderbird is steps away. This home backs to the walking trail leading directly to the lake — you won't find a better location within the community. A rare find for buyers seeking space, privacy, lifestyle, and a home that truly stands apart.
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.
