Motivated seller and ready to make a deal. Seller is willing to assist with a buyer’s interest rate buy-down or closing costs with a strong offer, creating an opportunity that stands out in today’s market bring your offers ! Tucked away on a quiet street in the desirable, no-HOA community of Huntington Woods, this solid 3-bedroom, 2-bath home sits on nearly half an acre of beautifully maintained land. Surrounded by mature landscaping and neighboring homes that reflect pride of ownership, the setting offers a rare combination of privacy, space, and connection. From the moment you arrive, there’s a sense of calm that carries throughout the property. Inside, the home opens into a layout designed for real life, with multiple living areas that give you the flexibility to gather, relax, or spread out. A front living room offers a welcoming space for guests, while a separate den with a fireplace creates the perfect spot to unwind in the evenings. A formal dining area adds even more functionality for hosting and everyday living. At the center of it all, the open and spacious kitchen offers plenty of cabinet storage and countertop space, making it ideal for everything from daily routines to weekend get-togethers. The flow between the kitchen and living spaces keeps everyone connected, creating a home that feels both functional and inviting. The split-bedroom layout provides privacy where it matters most. The primary suite offers a comfortable retreat with two closets, including a walk-in, along with a spacious bathroom featuring dual sinks, a large sit-down tub, and a separate walk-in shower. On the opposite side of the home, the secondary bedrooms and guest bath are tucked away, creating a perfect setup for family or guests. Recent updates and key systems provide peace of mind, including a roof replaced in 2018, AC from 2017, and New Flooring ! Additional features such as indoor laundry, a 2-car garage, pre-wiring for ADT, multiple security cameras, and an irrigation system add convenience and value. Step outside and the lifestyle continues. The screened-in back porch with a hot tub offers a quiet place to relax while overlooking the fully fenced backyard and natural surroundings. With nearly half an acre, there is plenty of room for pets, play, gardening, or entertaining, making this outdoor space just as functional as the interior. Homes that offer this much space, no HOA restrictions, multiple living areas, and a private setting are becoming harder to find, especially at this price point. This is more than just a house—it’s a place where you can settle in, spread out, and truly feel 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.
