Exceptional End-Unit Townhome with Unmatched Privacy and Potential. Discover a rare opportunity to own one of the most desirable homes in Bringhurst Station! This stunning end-unit townhome stands apart with its open-concept design, soaring vaulted ceilings, and abundant natural light streaming through oversized windows. Unlike most homes in the neighborhood, this property backs directly to open space-no close backyard neighbors-offering a peaceful, private setting that's hard to find. The modern kitchen features quartz countertops, stainless steel appliances, gas stove, and a smart, functional layout-perfect for everyday living or effortless entertaining. The unfinished basement provides incredible upside potential. Customize it to your needs by adding a family room, extra bedroom, and full bathroom-creating instant equity and expanded living space. This home is turn-key and move-in ready, showcasing thoughtful upgrades, timeless finishes, and a floor plan that truly stands out. Enjoy the premium community amenities at Bringhurst Station, including a clubhouse, swimming pool, playgrounds, and scenic walking trails. Whether you're a homebuyer looking for comfort and privacy or an investor seeking value and growth potential, this property checks every box. Don't miss your chance to own one of the best-located homes in the community - across the street from the clubhouse and pool-where modern living meets long-term opportunity. Must give a 24-hour notice to show. Home is renter occupied on month-to-month. If you are an investor looking for a great renter, this is it! Seller may consider a VA loan assumption at 2.25% interest. Seller will only consider a Veteran to assume the loan so as to release the eligibility letter (DD214) back to the seller. Approx 26 years left on the note, PI is $1,650, Balance approx $339,650. Buyer would have to bring in the difference in cash or a 2nd mtg to close.
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.
