The "Show-Stopper with so much New" home!!! As you walk inside, you'll quickly see the love and the care that have been added to this beautiful home over the years. A 'So Spacious!' kitchen with granite countertops that seem to keep going around the room, "Solar Power Easy shades" by SunSetter companyr canopy on deck, plus, other electric window shade blinds (6 sunshades total with remotes), brand new roof (June 2026), new garage door installed (June 2026), new HVAC (2026), whole-house Aprilaire purifier, new LG refrigerator (April 2026), central vacuum, ceiling fans throughout, outdoor sprinker system, finished basement with bedroom, full bath & walk-in closet. Recently painted interior & exterior, GE washing machine (2023), LG dishwasher (2023). What you can't see... attic insulation has been nearly doubled for greater energy efficiency! Also, home is right next to Leesylvania State Park, hardwood floors on main and upper-level, plantation shutters, freezer in garage conveys for additional family storage. This home is an absolute show‑stopper loaded with updates, upgrades, and thoughtful touches throughout! Step inside and immediately feel the care and pride of ownership that has gone into every inch of this property. The spacious, granite‑wrapped kitchen offers incredible counter space and a fantastic layout for cooking, gathering, and entertaining. Hardwood floors flow across the main and upper levels, complemented by plantation shutters and beautiful natural light. Major improvements bring tremendous peace of mind: brand‑new roof (June 2026), new garage door (June 2026), new HVAC (2026), new refrigerator (April 2026), newer washer (2023), newer dishwasher (2023), plus a whole‑house Aprilaire purifier. Six electric window‑shade sun blinds with remotes and a Sunsetter canopy on the deck add comfort and convenience. The attic insulation has been nearly doubled for enhanced energy efficiency — a feature you can’t see but will absolutely feel. The finished basement expands your living space with a full bedroom, full bath, and walk‑in closet — perfect for guests, extended family, or a private retreat. Fresh interior and exterior paint make the home feel crisp and move‑in ready. Additional highlights include a central vacuum system, ceiling fans throughout, an outdoor sprinkler system, and a freezer in the garage that conveys for extra storage. Added bonus: Home to be Powerwashed around June 25. All of this is located right beside Leesylvania State Park, offering nature, trails, water access, and incredible outdoor recreation just steps from your door. This is a rare opportunity to own a beautifully maintained, heavily updated home in a truly special setting.
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.
