Beautiful 3 bedroom, 3 bathroom modular home offering approximately 2,280 square feet of living space, situated on 4.33 acres. This property offers a wonderful blend of space, comfort, and functionality with plenty of room to enjoy both inside and out. The spacious kitchen features a large island with a built-in desk area, stainless appliances, abundant cabinetry, and a cozy breakfast area perfect for everyday dining. The living room offers a warm and inviting atmosphere with a wood-burning fireplace as the focal point. The generous primary suite includes a large walk-in closet and an ensuite bathroom complete with double vanities, a relaxing garden tub, and a separate shower. The second bedroom also features its own ensuite bathroom, while the third bathroom is conveniently located for easy access from the third bedroom and main living areas. Step outside and enjoy the 16x16 back deck, ideal for entertaining, grilling, or simply relaxing while enjoying the privacy of your own surrounding acres . Additional features include a 30 AMP RV plug for added convenience. If you are looking for peaceful country living with room to spread out, this property is a must-see! *No Curtains will convey. Grape Vines, Kiwi and some small bushes and small fruit trees will not convey.* Natural Gas on Rogers Road. and Spectrum tentatively scheduled to be on Thompson Rd. Fall of 2026 (Buyer to verify all information before making an informed offer.)
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.
