Welcome to this exceptional Colonial tucked away on a quiet cul-de-sac in the highly sought-after Owen J. Roberts School District. Built in 2006, situated on 1.55 acres, and beautifully maintained, this stunning home offers the perfect blend of elegance, space, and everyday comfort. From the moment you arrive, the striking stone exterior sets the tone for what’s inside. Step into over 3,800 square feet of thoughtfully-designed living space, where an open floor plan creates seamless flow for both entertaining and daily life. The heart of the home is the inviting Family Room, complete with a cozy wood-burning fireplace, and opening directly to the upgraded Kitchen—perfect for gathering with family and friends. The Kitchen is a true standout, featuring new granite countertops, a center island, spacious pantry, and high-end appliances - making it as functional as it is beautiful. The main level also includes a formal Living Room, a formal Dining Room with crown molding and chair rail, a generously-sized office space, a convenient Laundry Room, and a stylish Powder Room for guests. Ascend either staircase and retreat to the luxurious Primary Suite, offering a tranquil Bedroom, quiet sitting area, walk-in closet, additional double-wide closet, and a spa-inspired Bath with custom walk-in shower, double vanity, and built-ins. Three additional bedrooms provide exceptional space and flexibility, including: a shared bath for two bedrooms and a private guest suite with its own bedroom space, full bath & walk-in closet. The daylight, walk-out Lower Level offers endless potential—whether you envision a home gym, media room, or additional living space—complete with large windows that fill the space with natural light. Step outside and experience your own private retreat. Expansive decks and patios overlook the peaceful, tree-lined backyard—perfect for entertaining, relaxing, or enjoying nature year-round. Additional Highlights include: newer HVAC, whole-house generator, water conditioning system, 3-car side-entry garage, fresh paint in areas, refinished hardwood floors in Foyer & Kitchen areas, new carpeting in select areas and more! Enjoy the best of both worlds—peaceful living with convenient access to major routes for commuting. Outdoor enthusiasts will love the proximity to Pigeon Creek Nature Trail and the scenic Schuylkill River Trail. This is more than a home—it’s a lifestyle. Showings begin at the Open House on Saturday, 4/4 | 11 AM – 1 PM. Hop on by and experience it for yourself!
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.
