***PRICE IMPROVEMENT***Step into timeless charm with this 4-bedroom, 2-bathroom Victorian Twin, located in the heart of Mount Holly’s Historic District! This spacious three-story home seamlessly blends period character with modern updates, offering over 2,000 square feet of living space, high ceilings, and unique built-in features that preserve its historic integrity and charm, while adding functional storage. The main level welcomes you with an inviting foyer and two separate staircases—one traditional staircase in the entry and another tucked off the dining room, providing both charm and convenience. The living and dining spaces are filled with natural light, perfect for entertaining or everyday living. The updated kitchen boasts granite countertops, a tile backsplash, stainless steel appliances, and two generous pantries. From here, step outside to your private backyard retreat, ideal for gardening, relaxing, or summer gatherings. On the second floor, you’ll find two spacious bedrooms, including a primary suite with a cozy sitting area, perfect for a reading nook, home office, or personal retreat. The third level loft adds incredible versatility, offering an additional bedroom with endless possibilities—guest space, creative studio, or home gym. The home also features an unfinished basement for laundry, storage, or future finishing potential. Original architectural details, high ceilings, and built-ins throughout highlight the craftsmanship and charm that make this Victorian so special. The property is being sold "AS IS". All Inspections/Certifications are for buyer's informational purposes only. Lastly, leased solar panels offer maximum energy savings to keep your electric bill low. All of this in a sought-after Historic Mount Holly location—just steps from downtown shops, restaurants, cafes, parks, and cultural landmarks. Commuters will love the easy access to major highways (Route 38, 295, and NJ Turnpike) and Joint Base McGuire-Dix-Lakehurst, while enjoying the quaint, walkable atmosphere of a thriving historic town. Don’t miss the opportunity to own a piece of history with modern comfort—schedule your private tour 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.
