Corner lot within a sought-after golf course community, this single-story Clark Wilson residence is defined by its private courtyard entrance, attached casita with its own dedicated entry, and a 16-foot Michael Phelps swim spa that conveys—offering a rare blend of privacy, flexibility, and lifestyle. Thoughtfully designed with approximately 2,483 square feet, the home opens to a striking circular rotunda foyer, creating an immediate sense of architectural interest and refined flow. The private courtyard entry enhances the arrival experience, setting this home apart from more traditional layouts. The main living spaces are seamlessly connected, with an open-concept design that balances comfort with elevated everyday living. The kitchen is both functional and polished, featuring granite countertops, extensive cabinetry, pull-out shelving, upgraded hardware, and a spacious walk-in pantry—designed to support both entertaining and daily use. The primary suite is positioned as a true retreat, offering dual vanities, a soaking tub, and a separate shower in a layout that prioritizes both comfort and privacy. A defining feature of the home is the attached casita-style guest suite, situated in its own wing with a private entrance. This space offers exceptional flexibility—ideal for extended stays, multigenerational living, or a dedicated, private workspace. Outdoor living continues the home’s appeal, with a covered patio, extended driveway, and a 16-foot Michael Phelps swim spa with color-changing water features, creating a setting that feels both functional and elevated. The spa and storage shed convey, allowing for immediate enjoyment. Positioned on a premium corner lot within a golf course community, this home offers a combination of architectural detail, separation of space, and lifestyle-driven features that are increasingly difficult to find in a single-story layout.
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.
