Discover exceptional privacy and space on this beautiful one-story home situated on over 2 acres with serene views and thoughtful design throughout. Offering 2308 square feet, this property combines comfort, function, and natural beauty. With granite countertops in every bath and kitchen, custom tile in all of the bathrooms... this is not your average home! Inside, you’ll find three bedrooms on the main level, each with its own en suite bathroom, along with all true hardwood floors that continue seamlessly through the kitchen and living areas. The primary suite overlooks the property’s acreage, creating a peaceful retreat with calming views.The finished room over the garage includes its own bathroom and closet, making it a true fourth bedroom—ideal for guests, a teen suite, or a private home office.The heart of the home features 10-foot ceilings in the great room and 9-foot ceilings throughout the main level, enhancing the open, airy feel. The kitchen is outfitted with classic shaker-style cabinetry, and the massive laundry room offers built-in shelving and ample space for an additional refrigerator.Outdoor living is just as inviting, with a screened porch overlooking the peaceful setting. A generous portion of the property is fenced, and just beyond the fence, the land gently slopes down to a tranquil pond, adding to the home’s unmatched privacy and charm.Completing the property is a full two-car garage with a large storage room, perfect for tools, hobbies, or seasonal items. There is a second storage room in the garage for storage, and brick stairs leading into the keeping room portion of the kitchen..another custom finish! If you have an electric vehicle, there is a dedicated outlet for charging. This rare combination of acreage, privacy, and thoughtful design is hard to find—offering the best of quiet, country living with modern amenities and comfort. Please note: this is not subject to an HOA, but considered "Ashley Oaks" Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
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.
