Welcome to Steelton Rd — where peace, privacy, and convenience come together. Nestled on a beautiful setting yet centrally located with easy access to both the city and the Jersey Shore, this impressive home offers approximately 2,924 square feet of living space designed for both everyday comfort and entertaining. The long private driveway welcomes you home, while the expansive front porch creates the perfect spot to enjoy your morning coffee or unwind after a long day. Step inside to a dramatic two-story foyer. To the left, you’ll find a versatile flex space ideal for a home office, playroom, or sitting area. To the right, the open living and dining rooms provide a great flow for entertaining, complete with glass sliders leading directly to the front porch for seamless indoor/outdoor living. The rear of the home features a spacious eat-in kitchen with center island prep space, ample cabinetry, and room to gather. Just off the kitchen is the inviting family room with a cozy fireplace — perfect for chilly spring evenings. One of the standout features of the home is the sunroom, offering a relaxing space to unwind, entertain guests, or simply enjoy views of the backyard year-round. Upstairs, the primary suite offers a spacious retreat complete with a large walk-in closet and private full bath. Three additional generously sized bedrooms and another full bathroom complete the upper level. The finished basement adds even more living space and is currently set up as a movie room with a built-in bar and plenty of room for entertaining, game nights, or hosting family and friends. Out back, summer fun awaits. Your private backyard oasis features a pool and plenty of space for BBQs, relaxing, and making memories all season long. If you’ve been searching for space, functionality, and a home built for entertaining — all while being conveniently located near major commuter routes, shopping, dining, and shore points — Steelton Rd deserves a spot at the top of your list. Sellers can accommodate a quick occupancy as well. Sellers do not intend to open pool since they are partially moved out.
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.
