Coming Soon! Expecting to go active May 5. Open houses will be scheduled for Saturday and Sunday, May 9 &10. All offers will be reviewed on Monday, May 11. Take a step up to this well-appointed, well-built 1 & 1/2 story, Villa, a detached single-family home with a full 2-story entry foyer w/ chandelier & window light. The soaring great room window wall with remote control blinds will amaze you! HOA maintained front landscaping and sprinklers ensures that all is neat and tidy when you arrive. The home is not a condominium or townhouse. HOA dues pay for landscaping, sprinklers, and snow removal in common areas and at the home site (front landscaping only). See HOA documents. Hardwood floors throughout on main level with ceramic flooring in the main, upper and lower-level bathrooms. New carpeting for all upper-level bedrooms, loft area and lower level. Main floor ceilings are 9’. Large bay windows with attractive drapes and blinds allow natural light to make the dining room useful during the day and ready for fun dinners at night. Ceiling fan with in great room, recessed lighting, crown molding and wainscoting in dining and hall make for plenty of well-lit, finished breezy spaces. All modern stainless-steel appliances including trash compactor make this kitchen perfect for home cooking. Refrigerator will remain for the buyer saving you an extra expense! Decorative tiled backsplash, custom cabinets, custom island with extra sink, and decorative lighting make the kitchen very ergonomic and pleasing to the eye. Two large, custom built-in bookcases buttress your two-story high gas burning fireplace with marble treatments and a wood mantle. Large loft/media room area at top of stairs to upper-level features custom bookcases & large windows for great lighting. Two upper-level bedrooms with a connecting Jack & Jill bathroom w/full double vanity feature two closets in each bedroom. On the lower level, a large recreation/game/family room w/ gas fireplace, an additional bedroom/craft room, a full bathroom, and an efficiency kitchen make the rear walkout lower-lever very useful for guests or additional family. Next to the lower-level patio, a screened in area under the deck contains a hot tub (checked for leaks and function in March 2026). Currently drained of water. Large no maintenance deck off the main level great room offers wonderful outside grilling and dining. One year old HVAC systems!
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.
