*** Open House - Saturday June 20th 11:00 - 12:30 *** Welcome home to this gorgeous 4-bedroom, 2-bath rancher nestled in the sought-after community of Carroll Heights in Carroll County. From the moment you step through the front door, you'll be greeted by a beautifully updated living room featuring a large bow window that fills the space with natural light, elegant crown molding, a cozy fireplace, and new luxury vinyl plank flooring. The spacious eat-in kitchen/dining area is the heart of the home, offering table space, granite countertops, newer white cabinetry, stainless steel appliances, and hardwood flooring. Just off the kitchen, the separate dining room showcases beautiful hardwood floors and a charming built-in hutch, creating the perfect setting for family meals and holiday gatherings. The generously sized primary bedroom is filled with natural light and features new carpet and a flexible layout that could also serve as a family room or recreation space. On the opposite side of the home, you'll find three additional spacious bedrooms, each offering new carpet, new doors, and large closets. A full bath completes the main level. The finished lower level provides even more living space with a huge family/recreation room, a versatile bonus room ideal for a home office, playroom, guest space, or potential 5th bedroom, plus a second full bath. The large laundry room offers plenty of storage, and an additional storage area adds even more convenience. This level is already prepped with brickwork in place and ready for a pellet or wood stove installation. Outside, the oversized garage with electric is perfect for vehicles, hobbies, or storing all your outdoor gear. Situated on a generous lot, the backyard is made for enjoying time with family and friends, featuring a rear patio, above-ground pool, plenty of parking, and ample space for summer barbecues, entertaining, or simply relaxing after a long day. Whether you're hosting gatherings, enjoying quiet evenings by the outdoor firepit, or making memories by the pool, this home offers the perfect blend of comfort, space, and charm. Upgrades include brand new HVAC system 2026, new carpet, doors, and freshly painted throughout! Don't miss your opportunity to make this beautiful property your own! So, what are you waiting for? Schedule your tour, fall in love and make this GEM your New Home Sweet 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.
