Welcome to this fantastic South Jordan rambler that checks all the boxes! From the moment you walk in, you'll notice the bright, open layout with vaulted ceilings and a spacious great room that makes everyday living and entertaining feel effortless. The floorplan flows beautifully, creating comfortable spaces for gathering while still giving everyone room to spread out.The kitchen opens right into the main living area, making it perfect for hosting family and friends or keeping everyone connected throughout the day. Granite countertops and plenty of workspace make this kitchen both functional and inviting.Downstairs, the nearly unfinished basement is a blank canvas with endless possibilities. Whether you're dreaming of a home theater, additional bedrooms,a second kitchen, a gym, or the ultimate game room, there's plenty of space to create exactly what you want.And let's talk about the garage... this one is truly a showstopper. With a deep 4-car garage and a 10-foot door, there's room for vehicles, toys, tools, and hobbies with space to spare. If you've been looking for a garage that can actually keep up with your lifestyle, this is it.Situated on a .25-acre lot with mountain views, this home also offers great outdoor space and a location close to shopping, restaurants, and everything South Jordan has to offer.Square footage figures are provided as a courtesy estimate only and were obtained from county. Buyer is advised to obtain an independent measurement. Some additional facts about the house: 70 X 13 ft poured back patio (granite stamped) 58 X 14 back patio cover Front driveway redone Bosso (jellyfish) lighting exterior front and back Basement framed and electrical wiring ran throughout. Two finished offices in basement Large walk in pantry in basement Workshop with a mile of shelf space in back of RV garage with its own sub panel Loft above workshop for storage Work bench running along garage wall Sprinker system ran through the back yard. Raised garden beds tapped into zone in sprinkler system All exterior doors and windows currently equipped with ring alarm sensors Kasa Smart switches and plugs in key areas throughout the home Schlage Smart locks on front door Industrial LiftMaster garage door openers on both Garage doors
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.
