This is the kind of property that doesn’t come along often. Set on 3.38 acres, this fully updated home offers the perfect blend of space, privacy, and lifestyle. From the moment you arrive, you’ll feel it—this is more than just a house, it’s a place you can truly settle into and enjoy. Inside, the home has been thoughtfully refreshed with a bright, clean feel throughout. You’ll find 4 spacious bedrooms and 2 full bathrooms, along with a fully applianced updated kitchen that’s ready for everyday living and effortless entertaining. New windows, doors, and lighting add a modern touch while still keeping the home warm and inviting. Step outside, and everything changes. The property opens up to a setting that feels peaceful, private, and just a little bit magical. A stunning .75 acre pond sits at the heart of it all—fully stocked, swimmable, and complete with a dock—creating a space that’s just as perfect for quiet mornings as it is for hosting friends and family. The sunsets here are incredible, and the wildlife that visits regularly only adds to the experience. Surrounded by mature trees including apple, elderberry, blackberry, and chestnut, the land offers a natural, almost homestead-style feel. With outdoor electric set up for RV hookup, hot tub, and entertaining areas, the possibilities here are endless. The property also features both an attached garage and a large detached garage—ideal for extra storage, hobbies, or anyone needing additional space beyond the everyday. Major updates have already been taken care of, including a newer roof, windows, electrical panel, well system components, and more—giving the next owner peace of mind from day one. If you’ve been searching for something updated, unique, and set on beautiful land with a view you’ll never get tired of… this is it.
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.
