OPEN HOUSE SAT 6/20, 11:00AM - 1:00PM. Welcome to 105 Stratford Road, a striking stone Tudor in the desirable enclave of Wallingford Hills. Driving in feels wonderfully removed from the pace of everyday life, with timeless homes, mature landscaping, and flowering trees creating the atmosphere of a quaint storybook village. The home exudes the craftsmanship and enduring quality of a bygone era. With its handsome stone masonry, intricate patterned brickwork, decorative half-timbering and steel-casement windows, this Tudor residence offers extraordinary character and architectural authenticity. It offers over 3,700 square feet of total living space and features 4 bedrooms with 2 full baths / 3 half baths, and a partially finished basement. Inside, numerous windows fill the home with natural light. The expansive living room centers around a lovely fireplace and flows seamlessly to a screened porch, creating an inviting space for both entertaining and everyday living. The gracious dining room comfortably accommodates large gatherings with ease. The updated kitchen features granite countertops, premium stainless steel appliances, and an oversized Dacor range. Just beyond, a mudroom connects directly to the garage and basement storage area. At the end of the center hall, an intimate den provides the perfect retreat for relaxing mornings/evenings, and allows access to the fenced back yard. The second floor offers an ideal balance of charm and practicality with four spacious bedrooms, two full baths, a half bath, and laundry area, The primary suite is both elegant and comfortable, complete with a dressing area and en suite bath. A vaulted guest bedroom features a private half bath with stackable washer/dryer. Two additional generously sized bedrooms share a hall bath. A walk-up attic provides easy access for storage. The finished lower level expands the home’s living space with another impressive stone fireplace, wet bar, powder room, full laundry area, office alcove, and abundant storage — ideal for movie nights, game days, or hosting guests. Outside, the grounds are equally captivating. Distinctive plantings and specimen trees frame the property beautifully. Lush greenery provides ample privacy for relaxation. The expansive and fully fenced two-tiered rear lawn offers exceptional versatility, equally suited for play, pets, or elegant outdoor entertaining. Recent valuable upgrades include: new roof & gutters (2024), backyard fencing (2024), addition of central air conditioning on the main level (2024), and a new sewer lateral (2023). Ideally located within the award-winning Wallingford-Swarthmore School District, the home is within walking distance to the train station and just minutes from the shops and restaurants of Media, major roadways, and Philadelphia International Airport. Wallingford Hills is more than a neighborhood — it is a true community. Residents enjoy long standing traditions including block parties, Oktoberfest celebrations, and holiday get-togethers - all contributing to the warm and connected atmosphere that makes it so special. Opportunities to own a home of this character, scale, and provenance in Wallingford Hills are exceedingly rare. Don’t miss your chance to be a part of this very special community.
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.
