Welcome to 109 Kingsfield Place, a beautiful single-level ranch home that perfectly blends modern efficiency with an expansive, relaxed lifestyle. Built in 2017 and tucked away in a quiet Piedmont neighborhood, this 3-bedroom, 2-bathroom + Den/Bonus Room, property sits on a premium, generous 0.50-acre lot, offering a rare amount of outdoor space and privacy that is hard to find in newer builds. As you step inside, you are greeted by an inviting, light-filled open-concept floor plan designed for effortless everyday living and entertaining. The spacious great room features a cozy, raised-hearth gas log fireplace that serves as the perfect focal point for cool evenings. The main living spaces flow seamlessly into the heart of the home: a well-appointed kitchen boasting ample cabinetry, beautiful granite countertops, a convenient walk-in pantry with amazing shelving (no wire shelving here) which allows for organization & you know what you have! Add to that a sleek stainless steel appliance package (refrigerator is negotiable). Elegant crown molding and low-maintenance luxury vinyl plank flooring flow through the primary living areas, adding a polished, upscale touch. This home utilizes a desirable split-bedroom layout to maximize privacy. The quiet main-level primary suite is a true retreat, highlighted by a tray ceiling and a massive walk-in closet with closet organizer. The attached primary bathroom comes fully equipped with a double-sink vanity, a separate walk-in shower, and a deep garden tub perfect for soaking. On the opposite side of the home, you will find two additional bright bedrooms sharing a well-positioned full bathroom—ideal for children, guests, or a dedicated home office. Step out back to enjoy your deck which can be screened in and overlooks a massive, gently sloped half-acre backyard. Whether you want to add a garden, give pets space to roam, or host summer barbecues, this yard can handle it all. Additional features include an attached 2-car garage with keyless pad entry, a dedicated walk-in laundry room. Enjoy peaceful country-feel living while remaining just minutes from local schools, shopping, and major commuter routes. Seller has added the following since she purchased: Sodded backyard, Irrigation system front & back, added (6) Fir Trees, installed a French Drain in backyard, Mulch & Pine Straw freshened yearly, Sump Pump in crawl space, Removed sliding patio door & installed new French doors from Kitchen to deck, painted the interior of the home, added built-ins & re-carpeted the bedrooms. Schedule your private showing today and see everything 109 Kingsfield Place has to offer!
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.
