Nestled in the serene Dunbarton community, this charming detached colonial home is designed for those seeking comfort and convenience in a vibrant senior community. With an age requirement of 55 and above, this residence offers a peaceful retreat while providing access to a wealth of amenities tailored for an active lifestyle. Step inside to discover a spacious interior that exudes warmth and elegance. The open floor plan seamlessly connects the family room with walkout to the spacious deck. The gourmet kitchen, complete with upgraded granite countertops, stainless steel appliances, and a generous island perfect for casual dining. Family room connected to kitchen with gas fireplace, built in shelving and plenty of space to relax or entertain. Enjoy the luxury of a main-level primary bedroom and bath which was recently remodeled featuring a walk-in shower, double vanities, and heated flooring ensuring comfort and accessibility. Natural light floods the home through double-pane windows, enhancing the beauty of the hardwood flooring throughout. Thoughtful details such as crown moldings, built-ins, and window treatments add a touch of sophistication, making this space feel like home. The fully finished basement offers additional living space, complete with a workshop and walkout access to the beautifully landscaped rear yard. Built in cabinets complete with dishwasher, Refrig/freezer and another washer and dryer. The outdoor area is perfect for entertaining or simply enjoying the tranquility of nature, as the property backs to trees, providing a serene backdrop. The exterior features extensive hardscape, a well-maintained lawn with a sprinkler system, and inviting patio and deck for outdoor relaxation. Located close to the Dunbarton Clubhouse where residents enjoy access including a community center, exercise room, outdoor pool, tennis/pickleball courts, and walking paths, all within a gated environment that prioritizes security and peace of mind. They also offer a lot of social events throughout the year! Conveniently located near commuter lots and rail stations, shopping, dining and entertainment, this home ensures easy access to nearby attractions and services. With an attached garage and ample parking, you'll have everything you need right at your fingertips. This exceptional property, built in 2004 and in excellent condition, is not just a house; it's a place to create lasting memories. Embrace the lifestyle you've always dreamed of in this welcoming community, where comfort meets convenience. Updates include newer furnace, water heater, roof-2017, deck with retractable awning, remodeled kitchen, hall bath with handicap accessible amenities, garage door and springs, rear fence, fresh paint, gutters with gutter guards and so much more!
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.
