Welcome to 1028 Hawkridge Run, a 5 bedroom, 4 bathroom home nestled on a cul-de-sac in one of the area's most sought-after neighborhoods, Greystone Estates. From the moment you arrive, the three-car garage, fenced yard, and prime location set the tone for everything this home has to offer. Step inside and you'll immediately notice the neutral paint throughout, creating a bright, move-in ready canvas that complements any style. The heart of the home is the stunning 2026 renovated kitchen, thoughtfully designed with modern finishes and plenty of space for both cooking and gathering. The eat-in kitchen flows seamlessly into the main living areas, while the separate dining space offers flexibility to fit your lifestyle, whether that's a formal dining room, a home office, a playroom, or a dedicated homeschool space. Upstairs, retreat to the spacious primary suite featuring a vaulted tray ceiling and a private ensuite bathroom, your own personal sanctuary after a long day. Three additional bedrooms on the upper level provide room to grow, host guests, or create the spaces your family needs most. The partially finished basement adds incredible versatility to this already impressive home. Complete with the fifth, private bedroom with egress window, a full bathroom, and open living space plus a walkout to the exterior, it functions perfectly as a guest suite, in-law quarters, or recreation space. The unfinished portion offers generous storage, keeping the rest of the home clutter-free. Outside, the fully fenced yard and deck create the perfect setting for summer evenings, weekend entertaining, or simply unwinding after a busy day. As a resident of Greystone Estates, you'll also enjoy access to the community pool just in time for summer. Location doesn't get much better than this. With quick access to I-64, and just minutes from Scott Air Force Base, commuting is a breeze whether you're heading into St. Louis or staying local. Homes like this, with the space, the updates, and the neighborhood, don't come around often. Schedule your private showing today before someone else calls it home.
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.
