This stunning upgraded single-story ranch home is located in a highly desirable neighborhood and offers the perfect blend of comfort, style, and modern efficiency. The bright, open floor plan features newer (2025) water- and scratch-resistant plank flooring and fully paid-off solar. With 5 bedrooms, 2.5 bathrooms, and 2,481 SF of living space on an 8,712 SF lot, the home provides exceptional space and versatility.The kitchen features oak cabinetry, abundant storage, recessed lighting, and tile flooring that flows into the light-filled formal dining room with sliding doors to the backyard. The inviting living room offers a marble fireplace with mantle and additional sliders that open to the outdoor space. The spacious primary suite includes recessed lighting, a walk-in closet, dual sinks and French doors leading to the pool. Four additional well-sized bedrooms offering ample flexibility. The common bathroom features dual sinks, granite countertops, and a beautifully tiled tub and shower.The backyard is a private retreat with a pebble tec pool and spa with cascading waterfall, stamped concrete, outdoor string lights, and footings already installed for a future awning. The space is ideal for entertaining and offers some mountain views, a detachable pool safety fence, and a storage shed. The pool system is powered by Jandy automation with in-spa controls for lighting and functions. Additional upgrades include paid-off solar (installed in 2021), dual-pane windows, a Honeywell electrostatic air system with newer ducting, LED dimmable lighting, copper plumbing, and a sprinkler and irrigation system on a timer.The garage has been insulated and converted into an impressive personal gym equipped with over $30,000 of Rogue equipment & upgrades, including power racks, benches, barbells, dumbbells, and specialty attachments. The space features recessed lighting, portable A/C unit, epoxy flooring, workout padding, and space for training. A Tesla charging station and two power walls are also included for convenient electric vehicle charging.This beautifully updated home offers exceptional indoor and outdoor living and is truly a rare find!
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.
