Welcome to Seven Hills - Where Community Meets Comfort Nestled on a private, level lot in a peaceful cul-de-sac, this beautifully maintained 5-bedroom, 4-bath home offers the perfect blend of space, style, and functionality. From the moment you step into the impressive two-story foyer, you'll appreciate the thoughtful design and quality craftsmanship throughout. The open-concept main level creates an inviting flow while maintaining an intimate, cozy atmosphere, ideal for both everyday living and entertaining. Inside, you'll discover warm, beautiful HARDWOOD FLOORS throughout the main level and flawless stained cabinets that add richness and character to the kitchen, complemented by sleek STAINLESS STEEL appliances. A thoughtfully designed JACK AND JILL bathroom connects two bedrooms, while an elegant catwalk overlooks the main living space, adding architectural interest and a sense of grandeur. The laundry room is conveniently located on the upper level, eliminating the need to haul baskets up and down stairs. The full daylight basement offers exceptional potential, already stubbed for an additional bath with drywall hung in the main room and abundant storage space ready for your vision. The SIDE-ENTRY GARAGE is accessed from a level driveway for easy, convenient parking. Adding to the value and peace of mind, the ROOF IS 2 YEARS OLD, offering decades of worry-free protection. This sought-after community is known for its welcoming atmosphere and exceptional amenities that rival a resort-style water park. Residents enjoy access to pools, splash pads, sports courts, and gathering spaces that create natural opportunities for connection and recreation, all within your own neighborhood. The location offers convenient access to highly-rated schools, making morning routines a breeze, and shopping is just moments away near the community entrance. Seven Hills provides the perfect setting for anyone seeking a strong sense of community in a well-established, desirable area. This home is ready for you to move in and start creating memories. The combination of thoughtful design, prime location, outstanding community features, and recent updates makes this a rare opportunity in one of the area's most desirable neighborhoods. Homes like this in Seven Hills don't last long, so schedule your showing today.
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.
