Welcome to this beautifully remodeled 4 bedroom 1.5 bathroom home where modern style meets everyday comfort. From the moment you arrive you will notice the attention to detail and the care that has gone into every upgrade. The home features a brand new roof providing peace of mind for years to come and a fresh look that complements the modern finishes inside. Step through the front door and you are greeted by an open and inviting layout with luxury vinyl floors that flow seamlessly throughout the main living areas. The spacious living room is filled with natural light creating a warm and welcoming space to relax or entertain. The kitchen has been updated with beautiful finishes and plenty of cabinet space making it both stylish and functional. The dining area is conveniently located nearby creating the perfect setup for family meals or casual gatherings with friends. Each bedroom offers a comfortable retreat with brand new plush carpet underfoot and neutral tones that make decorating easy. The fourth bedroom provides incredible flexibility and can easily be used as an additional living area home office playroom or bonus space to fit your needs. The bathrooms have been tastefully updated with modern fixtures and finishes that give a clean fresh look throughout. Every detail from the flooring to the lighting has been thoughtfully chosen to create a cohesive and inviting atmosphere. Outside you will find a spacious yard ready for your personal touch whether that means creating a garden play area or outdoor entertaining space. This home truly combines style and function offering the perfect blend of new upgrades and cozy charm. With its modern finishes new roof and flexible floor plan this move in ready home is an excellent choice for anyone looking for quality comfort and value. Schedule your showing today and see why this remodeled gem stands out as the perfect place to call home.
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.
