Welcome to this RIGHT PRICED, picture perfect starter home OR investment property offering solid construction throughout. Tenant occupied, but can be delivered vacant on or before JAN 15, 2026. NOTHING TO DO HERE, BUT MOVE RIGHT IN ! This home features an enclosed front porch/sun room, a large bright living room, a formal dining room, a spacious, fully remodeled, eat-in kitchen with granite counter tops and all stainless steel appliances: Refrigerator, stove, microwave and dishwasher, off-street/driveway parking for 2 cars, spacious back patio, finished basement with 1/2 bath, separate laundry area with hook-ups and utility sink, walk out to rear driveway (you also have walk-in access from exterior stairs that enter into kitchen from rear patio). The 2nd floor level has 3 bedrooms and a nicely remodeled bathroom with marble tile, bath tub/shower combo. The house interior is great, but can you say LOCATION, LOCATION, LOCATION? This right priced, picture perfect starter home is surrounded by four fantastic neighborhoods: Aldan, Glenolden, Sharon Hill and Yeadon offering walkable, suburban living, close to all the things you do and need! TRANSPORTATION: 5-minute walk or a 1-minute drive to Bartram Avenue station where SEPTA Route 102 trolley runs from Sharon Hill to 69th Street Station. SHOPPING: Close to Aldis, Shoprite and Acme. GREEN SPACE: This home is surrounded by so many parks and playgrounds including Westmont Park, Oakeola Park and Playground and of course Beautiful Collingdale Community Park & Playground featuring a football field, two baseball/softball fields and a well lit walking/running track. HOSPITALS: Mercy Fitzgerald Hospital RESTAURANTS: Femi's Signature Pizza, Calzones, and Stromboli right at the corner! We want to help you buy! Did you know there is are over $20,000 in grants available for Delaware County buyers? Agents? Have a buyer and need help structuring a deal that works? We will help you too! Just call us and tell us what your buyer needs - we love selling homes and putting deals together!
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.
