Nestled in the heart of the charming East Pennsboro community, this beautifully renovated home blends modern comfort with timeless neighborhood appeal. Thoughtfully reimagined from top to bottom in early 2026, it offers the rare opportunity to enjoy a truly turnkey residence in a sought‑after location. Step inside to a warm, inviting interior featuring three spacious bedrooms and twO bathrooms, all designed with comfort and functionality in mind. The open‑concept dining area and kitchen create a seamless flow—perfect for hosting gatherings or enjoying everyday living. The kitchen shines with upgraded granite countertops, bar seating, a new gas range, microwave, and a fresh kitchen sink, making it a standout space for both casual meals and culinary creativity. Throughout the home, recessed lighting, ceiling fans, and brand‑new LVT flooring set a cozy, contemporary tone. The primary suite offers a peaceful retreat with its own private bath, while main‑floor laundry hookups add everyday convenience. A comprehensive list of upgrades completed in January and February 2026 ensures peace of mind for years to come, including: All‑new electric throughout , spray foam insulation for enhanced efficiency, new plumbing throughout, new drywall, lighting fixtures, and recessed lighting, brand‑new showers, vanities, and toilets, fresh interior paint, interior basement access added, new water heater, new siding, gutters and rainspouts. Outside, the property continues to impress. A brand‑new deck invites you to enjoy morning coffee or unwind in the evening, while the hot tub adds a luxurious touch for year‑round relaxation. A storage shed provides extra space for tools, equipment, or hobbies. Situated on a 0.14‑acre lot with road frontage, the home offers easy access to the vibrant East Pennsboro community, known for its friendly atmosphere, excellent schools, and convenient public services. On‑street parking and paved public access make daily living simple and practical. This home is more than a place to live—it’s a place to grow, gather, and create lasting memories. With its extensive upgrades, modern amenities, and welcoming neighborhood setting, it’s ready to become your next chapter. Additional property at 113 S Enola Drive is also available from the same owner. Exterior landscape will be completed upon spring.
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.
