Tucked away in the highly desirable Worthington Hills community, this beautifully maintained 4 Bedroom, 4 Bath Home offers the perfect blend of comfort and style. Surrounded by mature trees on a 0.56 acre lot, the setting feels like your own private retreat while still being close to everything. The recently updated Kitchen is the heart of the Home, boasting quartz countertops, a farmhouse single-basin sink, stainless steel appliances with a gas range, and a central island with a built-in microwave. Overlooking the incredible park-like Backyard, this space flows seamlessly into the Dining Room, which features chair molding and built-in cabinetry accented with gold hardware, perfect for both everyday living and entertaining. The Family Room includes the gas Fireplace and skylights that fill the space with natural light, with direct access to the concrete Patio for easy indoor-outdoor living. Completing the First Floor is a private Office and an additional Living Area, providing extra space and flexibility. Upstairs, the spacious Owner's Suite is a relaxing escape with a walk-in closet and a private Ensuite Bath. Three additional generously sized Bedrooms offer flexibility for family and guests. The Lower Level adds over 430 SF of finished living space, ideal for a Rec Room, along with ample Storage and a convenient Half Bath in the Unfinished Area. Step outside to your own Backyard oasis, perfect for summer cookouts and gatherings. This outdoor space features lush green space, a playground, picnic tables for plenty of seating, a fire pit, a gas line for grilling, and a storage shed. Located near the prestigious Worthington Hills Country Club and just minutes from shopping, dining, and major routes including 315 and I-270, this Home offers a prime location with everyday convenience. Schedule your showings ASAP as this home won't last. AC 2018, Furnace rebuilt 2019, Windows 2024, Kitchen 2023, H20 heater 2019, Roof 2016
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.