Welcome home to this spacious brick ranch perfectly positioned on a 1.17-acre corner lot in the highly desired Tall Hickory Estates. Offering 3,872 sq. ft. of total living space, this home blends everyday comfort with plenty of room to relax and entertain both inside and outside. The main floor includes three bedrooms and two full baths, large living room with a gas fireplace, and an eat-in kitchen with an easy-flow layout ready for your personal touch. Downstairs, you will find a standout finished basement with 9-foot ceilings and incredible versatility. The basement floor plan has five separate rooms including a family room, a fourth bedroom, a bathroom, a spacious laundry room, and a hardwood-floored area – once used as a dedicated man cave and multiple storage areas. This lower level is a blank canvas to make it your own – whether you envision a home theater, gym, game room, office, or family room – there is plenty of space for it all! A 3-car garage and storage shed add plenty of space for vehicles, tools, and equipment. Outside is where this home truly shines. Enjoy summer days around the inground heated pool, unwind beneath the covered stamped concrete patio, and appreciate the privacy of the vinyl-fenced backyard. A large 3-car garage and additional storage shed offer plenty of space for tools, toys, and equipment. Updates include HVAC (2023), Pool liner and motor (2023), awning (2023), carpet basement (2024) and main floor (2022), new closet doors (2025), new stainless steel kitchen appliances (2025). Located approximately 20 minutes to WPAFB and approximately 10 mins to I-675 and I-70. With its generous corner lot and prime neighborhood location, this property is a rare find — offering space, comfort, and endless possibilities - schedule your showing today!
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.
