Nestled in the heart of Medford, 10 Yorkshire Dr is a home that beautifully combines charm, space, and modern convenience. This stunning property is located in a serene, sought-after neighborhood, offering the perfect blend of tranquility and accessibility. Step inside to discover a thoughtfully designed layout that caters to both everyday living and entertaining. The home boasts 4 large bedrooms, 2.5 baths, gorgeous hardwood flooring, main floor bedrooms and bath, screened porch, updated bathrooms, spacious kitchen with eating area and open to the family room, all appliances included, tankless water heater, newer roof 2023, public water, public sewer, gas heat, central air, fireplace. Large windows invite natural light to pour in, creating a warm, welcoming ambiance throughout. Whether you're relaxing in the family room or hosting a dinner party in the dining room, this home is designed with comfort and style in mind. Outside, you'll find an inground Gunite pool, vinyl privacy fencing, patio, storage shed, garage with ample driveway parking, cul-de-sac location, and backs to the woods. Imagine summer evenings spent unwinding in your private oasis or chilly nights by a cozy firepit. 2016-new front door, new staircase, new hardwood floors, new trim/doors/molding. 2018-new tankless water heater, new garage door, converted pool to a salt water pool, remodeled laundry room and powder room. 2020-new stamped concrete patio, remodeled main floor full bath. 2021-new 6' vinyl stockade fence. 2023-new pool pump, new roof Other home improvements: chimney repointed, new cap on chimney, new facia, new gutters and downspouts, new capping on all windows, new driveway, new front porch update. Situated in a prime location, this property offers easy access to Medford's top-rated schools, charming downtown, dining, and shopping options. Plus, outdoor enthusiasts will love the proximity to parks, trails, and recreational activities. Don't miss this opportunity to make 10 Yorkshire Dr your forever home. Homes like this don’t stay on the market for long—schedule your showing today and see why this Medford gem is the one you've been waiting for!
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.
