Originally custom-built as the builder's personal residence, this exceptional all-brick home reflects quality craftsmanship, timeless design, and exceptional attention to detail. Featuring a main-level primary suite, a three-car garage, oversized double-width driveway, and one of Brookstone Meadows' largest lots (0.77 acres), this thoughtfully designed home offers space, comfort, and functionality for today's lifestyles. A dramatic two-story foyer opens to approximately 3,250 square feet with hardwood floors, extensive crown molding, soaring ceilings, abundant natural light, and quality finishes throughout. The spacious great room features a see-through fireplace shared with the breakfast area and flows seamlessly into the well-appointed kitchen with granite countertops, convection cooking, abundant cabinetry, and a bright breakfast area overlooking the backyard. The main-level primary suite offers direct access to the private rear patio and a spa-inspired bath featuring custom granite vanities, a jetted soaking tub, and an exceptionally spacious walk-in shower. Major improvements include an architectural roof, HVAC systems, kitchen appliances, and two water heaters—all updated, offering added peace of mind. Outdoor living is equally inviting with an expansive stamped concrete patio tucked into a cozy setting, perfect for relaxing, entertaining, or outdoor dining. The upper-level deck offers elevated views of Brookstone Meadows Golf Course and is an ideal place to enjoy your morning coffee or unwind at the end of the day. The upper level features spacious secondary bedrooms and an expansive bonus room with a closet, ideal as the fourth bedroom while also offering the flexibility to serve as a guest suite, media room, home office, fitness room, or playroom. Brookstone Meadows offers an active lifestyle with golf-cart-friendly streets, sidewalks, a community pool, tennis and pickleball courts, basketball court, putt-putt, and a welcoming neighborhood atmosphere. Optional membership to The Club at Brookstone, a separate private club, offers golf, a driving range, tennis, dining, and additional social activities. Thoughtfully built and beautifully maintained, this home combines quality construction, flexible living spaces, major mechanical updates, outstanding outdoor living, and one of Brookstone Meadows' largest lots with elevated golf course views.
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.
