Welcome home to the one that just feels right the moment you walk in. Light, bright, and effortlessly inviting, this beautifully cared-for 4 bedroom (with a flex option for 5 👀) home brings the perfect mix of warmth, style, and personality. The heart of the home? A dreamy open-concept great room that practically whispers stay awhile. Anchored by a stunning wood accent wall and flooded with natural light, it's the kind of space that makes everyday living feel a little more elevated--and a lot more cozy. And then... the kitchen. She understood the assignment. Quartz countertops, a gorgeous backsplash, endless cabinet space, and a generous island made for morning coffee chats or late-night snacks. Add in the gas range and that farmhouse sink moment, and .. Click for more** you've got a space that's equal parts functional and chef's kiss. The split floor plan keeps things flowing while still giving you your own retreat when you need it. Tucked away in the back, the primary suite is serving full-on sanctuary vibes. Think spa-like bathroom with a beautifully remodeled walk-in shower, a freestanding soaking tub calling your name after long days, and a bright, modern double vanity. Oh--and a walk-in closet that actually lives up to the name. Up front, the secondary bedrooms are perfectly placed, while a tucked-away bonus space off the laundry room is ready to become whatever you need--home office, creative studio, workout zone... or yes, even a 5th bedroom with a simple addition. Step outside and you'll find a backyard designed for easy living. Low-maintenance synthetic grass, space to relax or play, and a shady side yard that's perfect for your four-legged bestie =>. And let's not forget the garage with extra overhead storage--because we love a home that's as practical as it is pretty. This home has been deeply loved, beautifully maintained, and is more than ready for her next chapter... with you in it =«
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.
