Spacious, upgraded & incredibly versatile, this 2,775 sq ft home offers a flexible floor plan designed to fit today’s lifestyle, w/ option for 4 bedrooms or 3 beds plus a dedicated home office. Oversized 3-car garage, shop-friendly neighborhood, and major system upgrades, this property stands out for both functionality & long-term value. Step inside to a grand entryway w/ soaring 20-foot ceilings that sets the tone for the spacious open-concept layout. Main living area is perfect for entertaining, seamlessly connecting to a big open kitchen featuring granite countertops, a gas range, huge oversized island, and updated appliances! A separate dinette area and formal dining room provide additional flexibility for gatherings, work-from-home needs, or additional living space. The private primary suite is a true retreat with tray ceilings, a jetted soaking tub, large walk-in tiled shower, granite double vanities, and TWO walk-in closets! Secondary bedrooms are well-designed w/ Jack & Jill bath w/ private sink areas & tiled tub/shower, plus an additional bed near entry w/ its own walkin closet, ideal for guests/home office. This home is LOADED w/ upgrades & peace of mind features, inc Trane dualzone HVAC system (2023) w/ smartphone control, gas hot water tank (2023), high-impact roof (2025) new gutters, insulated garage doors & fresh exterior paint (2025). A built-in FIRE SUPPRESSION system throughout the home, inground storm shelter in oversized 3-car garage! Enjoy outdoor living in the fenced backyard w/ additional property extending beyond the fence line, a retaining wall for added privacy, sprinkler system coverage, and a 220V outlet ready for a hot tub. The home is serviced by well water & aerobic system. Located in a highly desirable community where shops are allowed, rare find, this property offers exceptional flexibility for storage, hobbies, or workspace needs. Neighborhood amenities inc a community pool, basketball/tennis courts, and playground $750 annually.
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.
