Stunning Modern Home with Upgrades Galore! Welcome to this beautifully upgraded home that features a modern touch throughout. Enjoy polished concrete floors in every room, eliminating the need for carpet. The bathrooms have been thoughtfully remodeled, offering a gorgeous and luxurious feel.This perfect layout separates guest bedrooms on one side of the home from the primary suite on the other, ensuring privacy & comfort. The open concept design provides defined spaces for living and dining, ideal for entertaining. Situated on a large corner lot, the backyard is an outdoor oasis, complete with a fire pit area, a designated space for animals, and a practical storage building. The spacious dining room comes with a large custom table, perfect for family gatherings. Additional highlights include a laundry room equipped with a sink and extra storage. This home boasts numerous upgrades and is truly move-in ready. Don't miss the opportunity to make this stunning property your new home! Wood burning fireplace upgrades: Lutron Caseta smart home light switches,Under cabinet lighting, Induction cooktop with Flex Duo dual temperature oven, built ins, Accordion closet doors, Geometric wood accent half wall in dining room,Nest thermostat, Extended attic flooring above garage, Fenced-off dog run/ gardening area, Built in doggie doors, Semi frameless shower, Butcher block counter tops,Utility sink in laundry room,New Roof July,New water heater June 2023, water-softner hook up ready, April 2025 - Professional diamond polished sealed aggregate concrete flooring by "All Innovation Concrete treatments LLC" no carpet in the house, NEMA 14-50R & NEMA 6-20R 240V outlets in the garage, J1772 Electric Vehicle charger with Tesla NACs adapter, Generator back feed outlet with interlock on main electrical panel,USB Type A and C charging outlets through out the house, Powered curtain rod in the dining room, Projector in the living noom, included, Wyze Video Doorbell & perimeter security cameras
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.
