Some places invite a slower pace; others create it. Framed by approximately four acres of mature trees and established landscaping, this remarkable property offers the rare opportunity to experience a sense of retreat while remaining within easy reach of the conveniences of the city. Morning coffee beneath the covered front porch, afternoons beside the sparkling pool, and evenings gathered around the firepit become part of a rhythm shaped by nature and quiet intention. Classic architecture and enduring curb appeal create an immediate impression, where iconic shutters, elegant paver walkways, and a storybook swing suspended beneath a towering shade tree set a scene that feels both timeless and welcoming. An expansive driveway offers generous flexibility while the detached two car garage complements the estate with understated charm. Inside, warm luxury plank flooring guides the way into a thoughtfully updated kitchen where crisp white shaker cabinetry, stainless steel appliances, and a sophisticated subway tile backsplash create an inviting backdrop for everyday living. An adjoining breakfast area captures views across the grounds through glass doors that open effortlessly to the covered lanai and pool beyond, encouraging life to flow naturally between indoors and out. Multiple gathering spaces including formal and casual living areas, dining room, and dedicated office provide exceptional versatility for changing needs and evolving lifestyles. The upper level offers a peaceful sanctuary anchored by a spacious primary suite with soaring vaulted ceilings and tranquil views across the surrounding landscape. A beautifully renovated ensuite bath pairs timeless black + white finishes with modern elegance, while the private shaded balcony extends the experience outdoors for moments of reflection beneath the canopy of mature trees. Additional bedrooms are bright, comfortable, and equally connected to the beauty of the property. Beyond the home itself, the grounds become an extension of daily life. A covered lanai protects the poolside retreat while porch swings and ceiling fans create an inviting outdoor lounge designed for lingering conversations and quiet afternoons. Wide open acreage presents exceptional possibilities for equestrian enthusiasts, hobby farming, or simply embracing the freedom of expansive land in close proximity to the renowned horse country surrounding. Equal parts peaceful refuge and everyday luxury, this is a property where space, serenity, and timeless design come together to create something increasingly difficult to find.
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.
