This stunning, highly upgraded Fulton home is THE ONE! Upon entry, you'll be welcomed by generous living spaces ideal for both entertaining and everyday comfort, featuring tile flooring, carpet in all the right places, recessed lighting, plantation shutters, arched passageways, and a stylish neutral color palette throughout. The chef's kitchen is a true showstopper, complete with GE Signature Series stainless steel appliances, including a 36'' gas cooktop, 48'' built-in smart refrigerator, built-in oven and microwave, and a 36'' vent hood. The space is further enhanced by elegant pendant lighting, staggered cabinetry with custom crown molding, granite countertops, and an oversized island with a breakfast bar—perfect for casual dining and gathering. The serene primary retreat offers a relaxing escape with a spacious walk-in closet and an ensuite bathroom featuring an oversized dual-sink vanity, soaking tub, and enclosed shower. Additional highlights include a generously sized second bedroom with its own ensuite bathroom, a third bedroom conveniently located on the first floor, two additional bedrooms upstairs, and three bonus roomsideal for a home office, gym, hobby space, or gaming room. Energy-efficient upgrades include Energy Star appliances, a tankless hot water heater, reverse osmosis system, water softener, and upgraded insulation throughout. Step outside and enjoy weekend grilling and peaceful evenings in the beautifully designed backyard, featuring a covered patio with a gas hookup for your grill, ample seating space, raised garden beds, citrus trees, well-laid pavers, and low-maintenance artificial turf. Located in the highly desirable Escalante community, residents enjoy an abundance of amenities including basketball and pickleball courts, sand volleyball, bocce ball, cornhole, an 18-hole disc golf course, a community aquatic center with water features, multiple playgrounds, winding walking trails, green spaces, and ramadas. Conveniently situated near the Wildlife World Zoo, Aquarium & Safari Park, and just a short drive to the White Tank Mountains with scenic hiking trails and Lake Pleasant. This exceptional home is truly a must-see!
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.
