Tucked back from the road on 1.12 private acres, this inviting home offers peaceful country living with the convenience of a thoughtful layout and modern comfort. A long, tree-lined driveway leads you to the property, offering privacy and a sense of retreat as you arrive. The home sits surrounded by mature hardwoods, providing natural shade and a beautiful green backdrop in every direction. The large, open backyard is perfect for outdoor living—ideal for gardening, pets, kids, gatherings, or simply enjoying quiet evenings on your land. The welcoming covered front porch feels like a true Southern retreat- with ceiling fans, space for rocking chairs, and a porch swing, it’s the perfect place to relax and enjoy the wooded scenery. With warm weather accelerating, rest easy knowing your HVAC system is only 1.5 years old! Inside, you’re greeted by an airy living room featuring gleaming hardwood floors and a stunning floor-to-ceiling stone fireplace as the focal point. Large windows bring in plenty of natural light and showcase the surrounding trees. The spacious kitchen includes corian countertops, oak wood cabinetry, tile flooring, gas cooktop and a walk in pantry-all of which opens to a bright dining area overlooking the yard. Just off the kitchen is a separate formal dining room, perfect for hosting holidays, family dinners, or friendly get-togethers that create memories lasting a lifetime. The main level offers three bedrooms, including the master suite with gorgeous tray ceilings and an oversized offset turned into a large closet. The master bath features a double vanity, jetted soaking tub, separate shower, and an additional closet for extra convenience. Both guest bedrooms are spacious and feature original hardwood flooring throughout. Just down the hall is a large, separate laundry room complete with upper storage cabinets and a mud sink—perfect for easy cleanup and organization. Upstairs and downstairs flow easily thanks to a wide, open staircase with wood treads and wrought-iron detailing. Upstairs you’ll find an oversized bonus room, officially classified as a bedroom, with its own full bathroom—making it ideal for guests, a teenager’s suite, or a private office space. The home also boasts a fully finished basement—offering approximately 1,200 heated and cooled square feet—complete with another full bathroom. This space is perfect for a recreation room, media space, home gym, or additional living quarters. Adjacent to the finished area, you’ll find a separate two-bay garage and storage area, ideal for boats, ATVs, lawn equipment, or the ultimate workshop setup. This property perfectly blends privacy, comfort, and space—a true retreat with room to live, relax, and play. Whether you’re sipping coffee on the front porch or watching the sunset over your quiet backyard, this home offers the best of country living with all the modern comforts you desire and is zoned for Eastside Elementary School.
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.
