Nestled on 2 private acres, this custom-built Modern Farmhouse offers the perfect blend of luxury, flexibility, and exceptional multigenerational living. From the moment you step inside, you'll be captivated by soaring 12-foot ceilings, designer finishes, coffered ceilings, an open oak staircase, and an impressive family room anchored by a fireplace with gas line already in place. A sun-filled formal dining room creates the ideal backdrop for entertaining family and friends. The heart of the home is a chef-inspired kitchen featuring premium appliances, a drop-in range, quartz countertops, crisp white cabinetry, and an oversized walk-in pantry that will delight any home cook. The main-level owner's retreat is a private sanctuary, complete with French doors leading to a secluded patio, a spa-like bath with soaking tub, rain shower, dual vanities, and a dedicated executive office perfect for today's work-from-home lifestyle. Upstairs, three spacious bedrooms offer character and charm with dormers, architectural details, and abundant natural light. One bedroom features a private en-suite bath, while the remaining bedrooms share a beautifully designed dual-vanity bathroom. The fully finished lower level was thoughtfully designed for today's changing living needs, offering an incredible multigenerational setup with two private en-suite living spaces, a large recreation area, partial kitchen, washer/dryer hookups, and private walk-up access—ideal for extended family, long-term guests, an au pair suite, or flexible living arrangements. Outside, enjoy peaceful country views from the expansive patio featuring dual ceiling fans, three retractable sunshades, and ample space for outdoor gatherings. Additional highlights include three-zone HVAC, two water heaters, water treatment system, EV charger, invisible dog fence, storage shed, abundant storage throughout, a spacious side-load two-car garage with vaulted ceilings, and convenient main-level laundry and mudroom. Rarely does a home offer this level of space, versatility, and thoughtful design. Whether you're seeking luxury main-level living, multigenerational flexibility, or room to grow, this exceptional property delivers it all. Priced to impress and offering tremendous value!
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.
