1407 Longhill Drive is sited on a quiet tree-lined street in the popular Horizon Hill neighborhood and offers a seamless blend of traditional design and modern amenities. This gorgeous Colonial boasts 4 Bedrooms, 2 Full Baths, and 1 Half Bath across 3 levels and 3,694 square feet of elegant living space, showcasing Main and Upper Level Brazilian hardwood floors, recessed lighting, and an attached, 2-car garage. The charming, covered Front Porch is the perfect space to enjoy a new read, your morning coffee, conversation with loved ones or the beautiful spring weather. The Foyer showcases the stylish, custom front door, hardwood floors and crown molding. The substantial Living Room will warmly welcome guests, offering light-filled space and handsome crown molding. The Dining Room boasts a new chandelier, crown molding and chair railing with wainscoting. The Family Room offers a wood-burning fireplace with whitewashed brick, a raised hearth and a wood mantle, a lighted ceiling fan and a sliding glass door to the Rear Patio; gather friends and family in this inviting area and enjoy quality time throughout every season! The show-stopping Island Kitchen will captivate any at home chef and was fully remodeled in 2023 including all new stainless steel appliances, quartz counters, built-in cookbook storage, and lantern pendant lights over the island. The lovely Breakfast Room boasts tile flooring, French doors to the Rear Patio and access to the Office, Butler’s Pantry/Laundry and the attached 2-car garage. Find focus in the Office, including a built-in desk and a window. The Laundry/Butler’s Pantry includes a wonderful porcelain farmhouse sink, a stacked LG graphite front load washer and dryer, cabinetry and open shelving. The Main Level’s offerings are complete with a Powder Room, offering a marble-topped vanity and vanity lighting. Ascending to the Upper Level, the spacious Primary Bedroom awaits, boasting crown molding, a new chandelier, 2 walk-in closets and an ensuite full bath. The Primary, ensuite bath, remodeled in 2023, is a spa-like oasis, showcasing octagonal marble tile flooring, a vanity with marble top, vanity lighting, a stall shower with tile surround, marble tile flooring and a frameless glass door. The Second and Third Bedroom include crown molding and a mirrored closet, and the Fourth Bedroom offers crown molding, custom wardrobe closets, a new chandelier and a workspace niche. The Upper Level’s offerings are complete with a full hall bath, also remodeled in 2023, including marble tile flooring, a vanity with quartz top, a tub shower with tile surround and niche. Descending the hardwood stairs to the Lower Level, the generous Recreation Room boasts a gas fireplace with stacked stone surround. The adjacent Gym/Bonus/Guest Room offers wonderful additional finished space, and a Utility/Storage Room completes this level’s offerings. Enjoy Spring’s arrival on the Rear Patio, overlooking the picturesque fenced, level Rear Yard This house boasts updates galore, with the driveway resealed in 2026, a new roof in 2025, new HVAC & water heater in 2025, new Hardieplank siding in 2024, new fence in 2022, kitchen and baths fully renovated in 2023, basement renovated in 2022, Brazilian hardwood floors installed on main & upper levels in 2022 and interior and exterior doors replaced 2022/2023 In close proximity to Orchard Ridge Park, Millennium Trail, Horizon Hill Park, Harris Teeter, commuter routes and local restaurants, 1407 Longhill Drive offers residential serenity and convenience. Schedule a showing today!
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.
