Welcome to this exceptional end-unit townhome located in the highly desirable Stonegate community of Mount Laurel. Three bedrooms and two full and one partial baths . Beautifully maintained, this inviting residence offers an ideal setting for both everyday living and stylish entertaining. From the moment you arrive, you’ll appreciate the added privacy and natural light that only an end-unit location can provide. Step inside to a bright and airy open-concept floor plan featuring spacious living areas and a warm, welcoming ambiance throughout. The expansive great room serves as the heart of the home, showcasing a cozy fireplace that creates the perfect atmosphere for relaxing evenings, holiday gatherings, or entertaining family and friends. The well-designed eat-in kitchen offers generous cabinetry, ample workspace, and a comfortable dining area for casual meals and morning coffee, while the formal dining room provides an elegant setting for special occasions and memorable dinners. Large windows throughout the home fill the interior with abundant natural sunlight, enhancing the home’s cheerful and inviting character. Upstairs, the luxurious primary suite offers a peaceful private retreat complete with a beautifully upgraded en-suite bath featuring modern finishes. Two additional generously sized bedrooms provide flexibility for family, guests, or a home office, while the additional full hall bath and convenient main-level powder room add comfort and functionality. Significant recent improvements include a newer hi-efficiency gas heater and central air conditioning . Step outside to your private patio, ideal for outdoor dining, gardening, or simply unwinding in a tranquil setting. Residents of Stonegate enjoy access to outstanding community amenities including a community pool and clubhouse, fostering an active and social lifestyle in a beautifully maintained neighborhood setting. Conveniently located near shopping, dining, major highways, and excellent schools, this home offers the perfect balance of suburban tranquility and everyday accessibility. This stunning end-unit townhome truly embodies easy living with style, space, and sophistication—an exceptional opportunity you will not want to miss.
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.
