Experience the pinnacle of riverfront living in this breathtaking four-bedroom, 3.5-bath sanctuary set on a sprawling 0.75-acre lot. Boasting 165 feet of direct shoreline and a brand-new seawall (2025). This property is a dream for water enthusiasts, private boat dock, and a dedicated jet ski ramp. Whether you are launching for a day on the river or enjoying the view from the shore, this home offers unparalleled access to the water sports lifestyle. Enjoy the breeze from your screened-in heated pool and spa designed for year-round enjoyment. For the best views in the house, retreat to the second-floor screened balcony to witness spectacular sunsets over the river. The heart of the home is the chef's kitchen (2021) fully equipped with GE Café smart appliances, sprawling breakfast bar, eat in kitchen with spectacular water view and an incredible walk-in pantry. First floor primary ensuite serves as a private sanctuary featuring his and hers walk-in closets, luxurious soaking tub and sleek zero entry walk in shower (2022). An adjacent private office, ideal for a quiet workspace. Additionally on the main level is a family room with fireplace, living and dining rooms all with incredible views of the water. A unique spiral staircase leads to a versatile flex room, while the second floor is designed for family and guests. Upstairs, you'll find three additional spacious bedrooms, two full baths and a massive loft media room complete with a wet bar--the ultimate setting for movie nights or game days. Major upgrades provide peace of mind: HVAC (2022), fresh exterior paint (2026), impact windows and doors, and a 2016 roof. The property is thoughtfully designed with a fenced-in yard, along with dedicated parking for your boat or RV. Newer flooring throughout. Storage galore! Complete with an oversized 3 car garage with workshop and attached storage shed. This estate is more than just a home; it's a lifestyle destination designed for those who demand the very best in entertainment, comfort, and waterfront adventure.
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.
