Over $100K in upgrades. Over 4,000 sq ft with a finished terrace level, kitchenette, and one of the largest backyards in the neighborhood featuring an in-ground trampoline, custom sandbox, and swing set in the Seven Hills community. Located in the desirable Seven Hills area, this thoughtfully upgraded residence offers approximately 2,750 square feet above grade plus a finished terrace level that expands the home to over 4,000 square feet of functional living space. The layout provides multiple living zones across three levels, allowing space for gathering, private retreats, home offices, and guest accommodations without ever feeling crowded. The main living areas feel both spacious and welcoming, while the upgraded kitchen features quartz countertops, backsplash, cabinet improvements, sink upgrade, and modern appliances—creating a space that is equally suited for everyday living and entertaining. Upstairs living areas provide generous bedrooms and flexible space for family life, while the finished terrace level introduces exceptional versatility. Complete with kitchenette, built-ins, recreation areas, and additional living space, the lower level easily supports multigenerational living, private guest accommodations, work-from-home offices, fitness areas, or entertainment spaces. The backyard is one of the largest in the area and designed for both relaxation and play, featuring a custom sandbox, in-ground trampoline, and swing set—creating the kind of private outdoor space where afternoons naturally turn into family memories. Significant improvements have been thoughtfully invested into the property over time, including a professionally finished terrace level designed for flexible living, kitchen enhancements, security system, radon mitigation system, upgraded storage solutions, lighting improvements, and numerous functional upgrades throughout the home. The property has been professionally pre-appraised, helping support confident pricing and a smoother transaction process for qualified buyers. Opportunities offering this level of finished space, upgrade investment, and flexible living in the Seven Hills area are increasingly difficult to find. Schedule your showing and experience it in person.
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.
