Now offered with 20 acres, discover refined country living on this exceptional working farm, thoughtfully designed for those seeking a comfortable home for both themselves and their animals. Opportunities like this are increasingly rare, and the seller is prepared to move forward, making this an ideal time to secure a property of this caliber. The seller also owns additional adjoining acreage and is open to discussing boundary adjustments or expanded acreage options. The home must convey with a minimum of 10 acres, with up to 36 total acres available, allowing flexibility for future growth. A secure electronic gated entrance welcomes you to a stunning custom Hardiplank residence surrounded by fenced pastures, some equipped with Nelson automatic waterers, run in sheds, and a six stall barn complete with its own septic system, riding ring, wash rack, and tiled feed and tack room featuring a window unit and dishwasher. A productive stand of blueberry bushes helps maintain low property taxes through an agricultural tax discount, adding both charm and long term value. Inside, the home opens to a grand foyer with soaring vaulted ceilings and custom barn doors leading into the formal living room accented by recessed lighting and a tray ceiling. The heart of the home offers open concept living with a chefs kitchen featuring granite perimeter countertops, a butcher block center island with a GE double oven gas range, Bosch dishwasher, and French door refrigerator. The kitchen flows seamlessly into the keeping room with a stone fireplace and dining area overlooking peaceful pasture views. The primary suite is a retreat of its own, offering breathtaking sunsets and private access to the deck and screened porch with vaulted, wood lined ceilings framing spectacular mountain views. The ensuite bath includes dual vanities, a walk in tile shower with curtain drain, a jetted tub, and a spacious walk in closet. Two additional main level bedrooms share a full bath, while a recently remodeled half bath with marble tile adds a refined touch. The walk out basement features a finished bonus room opening to an oversized concrete patio with 220V power, ideal for a hot tub, along with expansive unfinished space for storage or future expansion. Outdoors, the property is well suited for equestrian use or hobby farming, with fenced pastures, barn, outbuildings, and well water. Enjoy miles of community riding trails extending all the way to Airport Road, endless opportunities for horses, cattle, or small livestock, and the tranquility of mountain views from your own porch. Horses and cows currently on the property are available for purchase, offering a turnkey opportunity for the right buyer. New flooring has been installed throughout much of the home as of October 2025. With an acceptable offer, the seller will repaint the exterior of the home and barn. The seller welcomes well structured offers and is prepared to respond promptly, creating an excellent opportunity for qualified buyers.
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.
