Fantastic 4-bedroom home with a finished basement in the highly sought-after Ashbury community! Fresh modern paint colors, crisp white trim, and beautifully refinished hardwood floors create a bright, updated feel throughout. The open floor plan welcomes you with spacious living and formal dining areas, perfect for both entertaining and everyday living. The beautifully updated kitchen features KraftMaid white maple cabinetry, an accent island, granite countertops, stainless steel appliances, abundant built-in storage solutions, updated hardware and lighting, and a new stove (2022). The kitchen flows seamlessly into the expansive family room, where decorative ceiling beams with a custom walnut finish, a cozy brick fireplace with gas starter and updated built-ins, and stunning picture windows create a warm and inviting gathering space. Large newer windows and a sliding glass door with inset blinds overlook one of the home's most exceptional features-a private backyard oasis filled with mature trees, colorful wildflowers, and abundant birds and wildlife. Many major updates have already been completed, including a roof (2018), family room windows (2025), sliding glass door (2021), north-facing bedroom windows (2024), hardwood flooring added to the living and dining rooms (2021), refinished hardwood floors throughout, and white-painted trim, doors, vanities, and updated hardware throughout the home. The updated powder room features a marble countertop, painted vanity, and newer toilet, while the convenient first-floor laundry room adds everyday functionality. The spacious primary suite offers vaulted ceilings, room for a sitting area, a separate vanity area adjacent to the oversized walk-in closet, and a beautifully updated bath with custom travertine tile, glass shower door, and timeless Italian-inspired design. Three additional bedrooms and a remodeled hall bath with updated countertops, fixtures, shower surround, backsplash, and painted vanity complete the second floor. The finished basement provides valuable additional living space along with generous storage and features updated drywall, wrapped posts and beams, and fresh paint throughout. Additional improvements include a radon mitigation system and a new main water meter (2026). Step outside and enjoy your own private retreat featuring a spacious deck, freshly painted screened gazebo, mature trees, lush landscaping, and a spectacular wildflower garden. Outdoor spaces like this are hard to find and make the property feel like a peaceful escape while remaining close to everything. Located directly across from the Ashbury clubhouse and pool, you'll enjoy easy access to tennis courts, pickleball courts, parks, trails, community events, concerts, and fireworks. Just minutes from Patterson Elementary and highly acclaimed Neuqua Valley High School, this home offers an unbeatable combination of thoughtful updates, spacious living, exceptional outdoor beauty, and one of Ashbury's most desirable locations. Hurry-this one won't last long!
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.
