Stunning completely remodeled 4-bedroom, 3-bathroom ranch nestled on a spacious lot, offering thoughtfully designed single-level living with high-end finishes throughout. From the all-new siding and fresh exterior paint to the brand-new flooring, fixtures, and fully renovated bathrooms, every inch of this home has been transformed and truly move-in ready. The layout is one of this home's most distinctive features. A generous living room serves as the central gathering space, connecting the main bedroom wing to the private primary suite a smart and functional floor plan that offers excellent separation between the primary suite and secondary bedrooms. The fully renovated kitchen is both stylish and practical, featuring white raised-panel cabinetry accented with matte black hardware, rich dark granite countertops, a designer hexagon tile backsplash, a peninsula breakfast bar, and a full suite of stainless steel appliances including a gas range and French door refrigerator. The primary suite is tucked in its own private wing of the home, accessible through a dedicated entry and featuring a walk-in closet and a spa-caliber ensuite bath. The bathroom is a true showpiece a double vanity with white shaker cabinetry, marble countertops, and matte black fixtures sits beneath transom windows that bathe the space in natural light, while a massive glass-enclosed shower with large-format marble-look tile, built-in niche, interior lighting, and sleek black-framed glass doors makes a lasting impression. The three secondary bedrooms are all generously proportioned and served by two fully renovated full bathrooms. One features a gray shaker vanity with marble countertops and a bold mosaic glass tile shower with wave-pattern wall tile. The other offers a crisp white vanity, marble countertop, matte black faucet, and a floor-to-ceiling tiled glass-enclosed shower with stone-look tile and black frame detailing. A conveniently located laundry area serves the secondary bedroom hall. The backyard is a standout; flat, open, and fully fenced, with a detached outbuilding finished to match the home's new exterior, ideal for a workshop, studio, or extra storage. With its unique angular footprint, private primary suite wing, three fully renovated bathrooms, and meticulous attention to detail throughout, this home offers something truly different in today's market.
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.
