Experience refined living in this stunning six bedroom, three bath residence, thoughtfully designed with an expansive open floor plan, soaring ceilings, and elegant upgrades throughout. Newer carpeting and carefully selected finishes create a warm yet sophisticated atmosphere from the moment you enter. A full bedroom and bathroom on the main level provide both comfort and convenience for guests or extended family, while the formal living and dining rooms offer an ideal setting for stylish entertaining At the heart of the home, the beautifully upgraded kitchen showcases rich new cabinetry, gleaming Quartz countertops, and an impressive center island with abundant storage the refrigerator, microwave,Gas stove, dishwasher and washer and dryer are included in the sale. This exceptional space opens seamlessly to the inviting family room, where a cozy fireplace creates the perfect ambiance for relaxed evenings and gatherings., Upstairs, the expansive primary suite offers a peaceful sanctuary with generous space and a luxurious bath featuring a Huge soaking tub and separate shower recently remolded with new cabinets and dual sinks the bathroom has the perfect spa vibes . Additional the other large bedrooms provide comfort and flexibility for family, guests, or a home office. freshly painted inside as well and the owner is willing to leave the window coverings. There are new energy efficient windows and cabinets throught the home. The front and rear grounds are fully landscaped, Once you Step outside you will find A meticulously landscaped backyard designed for both tranquility and entertaining , featuring mature trees, a covered patio, and lush grass—an inviting private retreat ready to enjoy Also there is A large covered patio with a ceiling fan Enhancing the home’s exceptional curb appeal with A large water fountain and mature trees and sitting areas to relax Situated on an oversized lot, . Vinyl privacy fence on both sides of the backyard there is also paved walk ways on both sides of the house Vivint security system and fire Hydrant directly in front of the house the property also includes a spacious five car garage and fully paid-off solar, delivering both convenience and efficiency. Ideally located just off the 15 Freeway, this home offers effortless commuting while remaining close to parks, highly regarded schools, shopping, and dining—all within minutes.
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.
