Welcome to this stunning townhome in the highly sought-after Daybreak community, offering 3 bedrooms, 2 baths, a 2-car garage, and a bright open layout designed for modern living. From the moment you walk inside, you'll notice the tall ceilings and abundant natural light that make the home feel spacious and inviting. The chef-inspired kitchen is the heart of the home, featuring a large quartz island with bar seating, beautiful backsplash, gas range, and a spacious walk-in pantry with ample shelving. The kitchen flows seamlessly into the family room, creating the perfect space for hosting gatherings or enjoying quiet evenings at home. Large windows fill the space with natural light, and a ceiling fan adds comfort year-round. Upstairs you'll find the oversized primary suite, a relaxing retreat with large windows, ceiling fan, and plenty of space to unwind. The en-suite bathroom features double sinks with quartz countertops, tile flooring, a modern three-quarter shower, and a generous walk-in closet. The upstairs laundry room offers convenience and functionality with tile flooring and plenty of room to work, and don't forget the nest thermostat. Just beyond is the mechanical room featuring a tankless water heater, ensuring endless hot water. Two additional upstairs bedrooms feature tall ceilings and great natural light. One bedroom includes charming French doors that open to a Romeo and Juliet balcony, the perfect place to enjoy a quiet morning or evening breeze. These bedrooms share a well-appointed full bathroom with tile flooring and quartz countertops. The oversized two-car garage includes additional built-in shelving for excellent storage. The location is exceptional, situated near the Salt Lake Bees ballpark with quick access to the Mountain View Corridor, WinCo Foods, and a wide variety of nearby shopping, restaurants, and everyday conveniences. Residents also enjoy full access to all the incredible Daybreak amenities including lakes, parks, trails, pools, and community events. A full list of amenities can be found at www.livedaybreak.com. Homes like this don't come along often, schedule your private showing today. Buyer and Buyers agent to verify all information. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
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.
