Summer is calling-and with Splash Summit Waterpark just minutes away, this move-in-ready Provo condo offers the lifestyle buyers want and the value they do not want to miss. Rare ground-level living, an unbeatable location, and turnkey comfort make this one of the most compelling opportunities on the market today. Perfectly situated near I-15, downtown Provo, Brigham Young University, Utah Valley University, shopping, dining, parks, and the FrontRunner station, this spacious 3-bedroom, 2-bath condo delivers convenience that is hard to match. Step inside and feel the difference of an open-concept layout filled with natural light and designed for comfortable everyday living. Clean, stylish, and truly move-in ready, this home gives buyers the chance to skip the projects and start enjoying their new space immediately. The oversized primary suite is a standout feature-large enough for a king-sized bed, complete with a walk-in closet, private ensuite bath, and direct access to your own patio overlooking a peaceful creek. It is the kind of private retreat buyers hope for but rarely find at this price point. The kitchen is built for real life and easy entertaining with generous cabinet space, extended bar seating, and plenty of prep room. From morning coffee to weekend gatherings, this layout simply works. Outside, enjoy two assigned parking spaces (one covered, one uncovered), convenient storage in the carport, abundant guest parking, and community amenities including green space, playground, basketball court, and dog park. Whether you are a first-time buyer, investor, college household, or anyone seeking low-maintenance living in a high-demand location, this property checks every box: location, layout, lifestyle, and value. Homes offering this much space, this much convenience, and this much appeal are the ones buyers regret missing. Schedule your private showing today-then write your offer before someone else does. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
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.
