Welcome! Check out this beautiful executive home in Carriage Club, ideally located adjacent to Douglas County-Bluffs Regional Trail Open Space, featuring 3 miles of walking, hiking, biking and horseback riding trails! Step into this gorgeous home to find a grand foyer with 20 foot ceilings, an elegant spiral staircase to the second story, and wall to wall windows with custom plantation shutters. This home's highly flexible floor plan features 5 bedrooms and 5 bathrooms, a private office, AND another 2000+ square feet of finished living space in the basement. You're sure to love the gourmet kitchen, with slab granite counter tops including a large island, a 5 burner gas cook top, stainless steel appliances including a NEW double oven, NEW 48 inch GE Monogram refrigerator, NEW garbage disposal, and tons of cabinet space with an adjacent butler's pantry. Venture upstairs to discover an open landing and bridge along with 4 bedrooms and 3 baths. On one side of the overlook is the spacious primary suite, which offers newer wainscoting and crown molding, lovely mountain views, a cozy double-sided fireplace and sitting area, dual walk-in closets and a luxurious 5-piece bathroom with vaulted ceilings. On the other side are 2 more bedrooms sharing a Jack-and-Jill style bathroom, and one more bedroom with its own ensuite bathroom - an ideal setup for guests. The finished basement has new carpet, tile, and paint, and provides tons of options for customizing your ideal living setup. You'll find a huge rec/game/media space with a built-in wet bar, a designated workout room, and the 5th bedroom and bathroom with a walk-in steam shower. Many upgrades have already been made to this home, including a new 50 gallon water heater, newer paint and crown molding in 3 bedrooms, updated landscaping with new lighting in the front and back yards, a Lifetime Playset, exterior paint and light fixtures, a new whole house humidifier, a radon mitigation system, and more. This home is a MUST SEE!
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.
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