2.99% ASSUMABLE VA LOAN! Dual-Living Perfection, room for the in-laws or rental space in Turnberry. BRAND NEW ROOF! Stop searching and start saving! This meticulously maintained 6-bedroom, 3-bath ranch in the coveted Turnberry neighborhood offers a rare financial opportunity with a 2.99% assumable VA loan. Whether you are looking for a multi-generational sanctuary or a savvy "house-hack" with massive income potential, this home delivers. The Main Level: Modern Elegance & Comfort with accessible one level ranch Sun-Drenched Open Floor Plan: Featuring gorgeous hardwood floors and durable tile throughout. Gourmet Chef’s Kitchen: Upgraded with solid oak cabinetry and premium granite countertops. Versatile Living: 3 spacious main-floor bedrooms, including a primary suite with a private en suite. Tech-Ready: Dedicated home office space pre-wired with CAT5 and cable for seamless remote work. The Basement: A "Must-See" Secondary Residence Professionally finished and designed for total independence, the lower level features: Kitchenette & Dining Area plus a second laundry zone. 3 Conforming Bedrooms with large egress windows for safety and natural light. Unique Triple-Vanity Bath: Perfect for busy mornings and personal space. Flex Space: Easily convert a bedroom into a home gym, theater, or massive walk-in closet. Bonus: A generous storage room with a built-in workbench for the organized hobbyist. Outdoor & Community Perks Brand New Roof: Peace of mind for years to come. Workshop/EV Ready: The garage features 220V power for your electric vehicle or power tools. Turnberry Lifestyle: Steps away from Turnberry School, community pools, parks, and scenic walking trails. Prime Location: Minutes from DIA, Denver, and major highways 85 and 76. Pet-free, smoke-free, and truly move-in ready. Don’t just buy a home—secure your financial future at 2.99%!
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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