Nestled on nearly 10 acres in the highly sought-after Byron Center School District, this exceptional 4-bedroom, 2.5-bath walkout ranch offers the perfect blend of privacy, recreation, and mechanical updates. Set on 9.93 picturesque acres featuring approximately 4 cleared acres and 6 wooded acres, the property is a nature lover's dream with private trails, abundant wildlife, a scenic pond, mature fruit and walnut trees, 30x40 outbuilding, 16x24 chicken coop, storage shed, hunting blind and endless opportunities for outdoor enjoyment.The welcoming interior features original hardwood floors and updated luxury vinyl plank flooring throughout much of the main level, solid wood doors, and a stunning fieldstone gas fireplace (can also be used as wood burning as well). The spacious kitchen offers warm wood cabinetry, classic tile backsplash, and generous workspace,while the primary suite includes double closets, direct bath access, and private deck access overlooking the peaceful landscape. A second main-floor bedroom showcases charming wainscoting and chair rail details plus another bedroom for 3 total bedrooms on the main floor. The finished walkout lower level expands the living space with a large family room anchored by a beautiful brick fireplace with a raw-edge wood mantel, a fourth bedroom, second full bath, rec room space, and abundant storage. Outdoor living is equally impressive with multiple updated decks, including a private primary suite deck rebuilt in 2022 and a main living area deck rebuilt in 2025. The fenced garden area includes underground sprinkling, while the well-equipped chicken coop features water and electric service. Additional outbuildings include a storage shed, hunting blind, and a 36x40 barn. The barn offers 10-foot ceilings, a 9-foot overhead pull-through door, concrete pad in the back, and both water and electric service--ideal for hobby farming, equipment storage, workshop space, or recreational vehicles. Major recent improvements provide peace of mind, including a new furnace (2024), ce
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.
