Experience unparalleled luxury and thoughtful design in this exquisite Wormald-built Taylor model in the sought-after community of Landsdale, boasting over 4,400 square feet of meticulously crafted living space. From the moment you arrive, you'll notice the attention to detail with custom finishes throughout, including designer and recessed lighting, custom shutters, barn doors, accent wall features and built-ins that elevate every corner of this home. Inside, the heart of the home is the gourmet kitchen, a chef's dream featuring an extensive 12-foot island, oversized ceramic farmhouse sink, stainless steel appliances, and plenty of space to gather. The open-concept living room, anchored by a cozy gas fireplace, invites relaxation and connection. The finished basement is designed for both fun and function, offering a spacious living area with backyard access, a full wet bar ideal for hosting, a private bedroom and bathroom, and ample storage. There's even a soundproofed room—perfect for music sessions, a home theater, or gaming. Upstairs continues the luxury with 4 bedrooms and 3 full bathrooms. The owner’s suite is large with abundant closet space and a stunning custom ensuite featuring an oversized shower and a free-standing soaking tub—your perfect private retreat. All three secondary bedrooms are generously sized, with two sharing a convenient Jack-and-Jill bath. At the top of the stairs, you’ll find a versatile living space, ideal for a cozy lounge, home office, or play area, offering endless possibilities to suit your needs. Step outside to your personal oasis, where extensive landscaping surrounds you with beauty, including fruit trees and a stunning natural stone patio perfect for entertaining or quiet evenings under the stars. The oversized three-season porch adds versatility and charm, creating a seamless indoor-outdoor living experience. Practicality meets style with a large garage, complete with a well-appointed drop space and pantry as you enter for effortless organization. This home is more than just a place to live—it's a lifestyle. Don’t miss this stunning property that perfectly balances luxury, comfort, and modern convenience.
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.
