FLASH SALE! Bring Your Best Offer! Amazing price on this full 5 bedroom 3 full bathroom home on large cul-de-sac lot! This is a Pulte-built floorplan you don’t see anymore, and it was made with multi-gen living in mind, perfect if you have family living with you or need that extra downstairs space. You’ve got plenty of room here with big living areas and a layout that works great for everyday life, entertaining, or working from home. The kitchen is extended with a walk-in pantry, tons of cabinets, and a long breakfast bar. The primary bedroom is downstairs, with a bathroom that has a separate tub and shower plus a huge walk-in closet. There’s also another bedroom and full bath downstairs, which is perfect for guests or in-laws. Upstairs has game room and 3 more large bedrooms, plus another full bathroom. Yard is spacious and private. This community has everything from pools, splash park, playgrounds, sports fields, hockey and more. They don’t build this floorplan anymore, so this is a rare chance to get something like this at a great price! ¡VENTA FLASH! ¡Envíe su mejor oferta! Precio increíble en esta casa de 5 recámaras y 3 baños completos ubicada en un amplio terreno. Este es un modelo de Pulte que ya no se construye, ideal si tiene familiares viviendo con usted. Aquí encontrará mucho espacio, con áreas amplias y una distribución que funciona perfecto para convivir o trabajar en casa. La cocina es extendida e incluye despensa amplia (walk-in), muchos gabinetes y una barra larga. La recámara principal está en planta baja, con baño que incluye tina y regadera separadas, además de un clóset grande tipo walk-in. También hay otra recámara y baño completo en la planta baja, ideal para visitas o familiares. En la planta alta encontrará un área de juegos (game room) y 3 recámaras amplias, además de otro baño completo. El patio es amplio y privado. Ya no construyen este modelo, así que esta es una oportunidad única de conseguir algo así a un excelente precio!
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.
