Custom-built Craftsman designed with comfort, flexibility, and intergenerational living in mind! This thoughtfully designed home, on 2 acres, welcomes you with an oversized family room featuring soaring 12-foot ceilings and an electric fireplace with a gas line already in place. A separate formal dining room with a stunning wall of windows creates the perfect setting for gatherings and holiday meals. Designer flooring, open oak staircase, coffered ceilings are just a few of the touches you’ll admire on the main level alone. The chef’s kitchen is a dream, featuring upgraded appliances, a drop-in range, white cabinetry, quartz countertops, and an enormous walk-in pantry. The main level includes a luxurious main-level primary executive wing that offers a spacious bedroom with French doors leading to a private patio, along with a spa-inspired bath complete with a rain shower, soaking tub, and dual vanities. It also features a secluded private office ideal for working from home. Upstairs, you’ll find three generously sized bedrooms filled with character, featuring beautiful windows, dormers, and unique architectural angles. One bedroom includes an en-suite bath, while the other two share a beautifully appointed spa-like bathroom with dual sinks. The lower level was custom designed for intergenerational living, offering two en-suite dens with attached full baths, a spacious living area, and a partial kitchen equipped with a refrigerator, microwave, and sink. There are also washer/dryer hookups and a double-door partial walk-up to the private backyard. Designed for efficiency and comfort, the home includes a water treatment system, three HVAC zones, two hot water heaters, and an invisible dog fence with three collars. Outdoor living is just as impressive with a patio featuring two outdoor fans, three sunshade awnings, and plenty of space to relax and enjoy the peaceful country setting. Additional features include abundant storage, a shed, EV charger, a side-load two-car garage with vaulted ceilings and convenient main level laundry and mud room. This one-of-a-kind property offers space, flexibility, and thoughtful upgrades throughout — perfect for multi-generational living, extended stays, or simply spreading out and enjoying life at home.
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.
