This beautifully maintained 4-bedroom, 2-bath home offers comfort, style, and an unbeatable lifestyle in one of the High Deserts most desirable private communities. Conveniently located with easy access to Shadow Mountain Road for commuters and just minutes from open desert trails for off-road enthusiasts, this property combines everyday convenience with outdoor adventure. From the moment you arrive, the tile driveway and walkway create inviting curb appeal, while stacked stone accents and low-maintenance landscaping enhance the homes exterior charm. Inside, youll find stunning 20x20 porcelain tile flooring flowing throughout the entry, hallway, and kitchen, creating a clean and modern feel.There is formal living and dining area near the entry, while the kitchen opens to the spacious family room, making it perfect for entertaining and everyday living. The kitchen is beautifully appointed with granite countertops, a glass tile backsplash, stainless steel appliances, and rich cherry-finish cabinetry. The family room offers warm wood-look porcelain tile flooring and a striking stacked-stone fireplace that serves as the centerpiece of the space.Extra-wide hallways add to the homes open and spacious feel. Both bathrooms have been tastefully remodeled with updated fixtures and granite countertops. The generously sized primary suite features pot shelves, a walk-in closet, and even a sauna that is included with the sale. The primary bathroom showcases an impressive custom shower, while the additional bedrooms are spacious and include built-in features in select rooms. Step outside to enjoy the covered patio and terraced backyard, perfect for relaxing or entertaining. The backyard and front landscaping are designed for easy upkeep, allowing you more time to enjoy everything the community has to offer. Additional features include a newer AC system and a solar attic fan to help keep the home energy efficient and comfortable during the summer months. A spacious 3-car garage provides plenty of room for vehicles, storage, or recreational toys. Located in the private community of Silver Lakes, residents enjoy low monthly HOA dues with access to resort-style amenities including a 27-hole Ted Robinson championship golf course, tennis courts, pickleball and bocce ball courts, an Olympic-sized swimming pool, clubhouse, 24-hour gym, equestrian facilities, and two scenic lakes complete with a beach and boat launch for fishing and water activities.
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.
