Assume a 2.25% loan and live in luxury! Exceptional value meets resort-style living in this stunning 5-bedroom, 5-bathroom, 4,250 sq ft Toll Brothers home with an elegant pool and commanding views of the Las Vegas valley and Red Rocks from a private balcony. The real savings start before you even walk in — with a rare assumable loan at an unbeatable sub-market/sub-inflation interest rate, a fully paid-off solar system, and a satisfied SID, this home delivers long-term financial advantages that are nearly impossible to find in today's market. Inside, the chef's kitchen is the heart of the home, appointed with a professional pot sink stove, executive island, double dishwashers, and premium finishes worthy of a culinary enthusiast. Soaring tray ceilings and a grand staircase create an immediate sense of elegance, while dual tankless water heaters ensure efficiency and comfort throughout. The thoughtful floor plan offers incredible flexibility — all five bedrooms are ensuite, providing privacy and luxury for every guest and family member. Two bedrooms are conveniently located on the main level, along with a three-quarter bath, making this home ideal for multi-generational living or hosting out-of-town guests. Upstairs, a spacious loft provides the perfect space for a media room, home office, or play area. Located adjacent to sought-after Vassiliadis Elementary, and off the walking path that connects Fox Hill and Paseos Parks, this home sits in a community that's as convenient as it is desirable. This is Las Vegas luxury living with the financial perks to match — the assumable 2.25% loan alone could save you hundreds of thousands over the life of the loan. Schedule your private showing today because this rare find will not stay on the market long!
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.
