Discover your dream home in the sought-after Pottsgrove School District—a beautiful 4-bedroom, 2-full-bath Woodgate bi-level that blends spacious living with modern comfort. As you arrive, an expansive driveway accommodating up to six cars and a beautifully landscaped front yard with a cozy deck sitting area welcome you with instant curb appeal. Step inside to a sun-drenched living room featuring a large bay window that bathes the space in natural light, flowing effortlessly into a generous kitchen-dining combo equipped with a second bay window, stainless steel sink, dishwasher, microwave, and elegant chair rail with wainscoting—perfect for family gatherings and entertaining. Upstairs, three generously sized bedrooms share a convenient FULL bath with a double-sink vanity, while the lower level transforms into your personal retreat. A sprawling family room, currently styled as a home theater, offers endless space for movie nights or game days, with an adjacent open area ideal for a home office, playroom, or fitness zone. The former garage has been thoughtfully converted into a luxurious primary suite, complete with a spa-inspired full bath boasting a Jacuzzi tub, double vanity, stand-up shower, tile flooring, and sophisticated half-wall tiling. Glass sliders lead to an expansive rear deck and full-length cement patio stretching the width of the home—an entertainer’s paradise for barbecues, celebrations, or quiet evenings under the stars. The large, level backyard includes a detached one-car garage/shed for extra storage or hobbies. Built to last with a 50-year roof installed just 10 years ago with solar panels, this home is as smart as it is beautiful. Nestled in vibrant Pottstown, you’re minutes from Memorial Park’s splash pads and BMX track, Riverfront Park’s kayaking and trails, and downtown’s eclectic dining—from farm-to-table at Stave & Stable to authentic Greek at Opa Vera’s and Blue Elephant. Shopping is a breeze with Philadelphia Premium Outlets and Costco nearby, plus family fun at the Historic Carousel and Colebrookdale Railroad. Move-in ready and brimming with possibility, this isn’t just a house—it’s your next chapter. Schedule your private tour today!
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.
