Welcome to the Chablis model in the Village of Yardley, perfectly situated on a quiet cul-de-sac within the picturesque Hershey's Mill community in Chester County. Designed for low-maintenance living in an active 55+ setting, this home exudes warmth and style from the moment you step through the gated courtyard. The open floor plan showcases a dramatic two-story Living and Dining Room with soaring ceilings, recessed lighting, and walls of windows. At the heart of the home, the gourmet Kitchen features maple cabinetry, granite countertops, double ovens, breakfast bar, and an adjoining Morning Room. The sun-filled Family Room opens to an oversized deck with retractable awning, overlooking lush landscaping for year-round enjoyment. The spacious Primary Suite offers walk-in closets and a spa-inspired bath with soaking tub, custom tiled shower, and dual vanities. A versatile Guest Room with adjacent full bath and a thoughtfully designed Laundry/Mudroom complete the main level. Upstairs, the loft provides flexibility with an open sitting area, another Bedroom, full bath, and generous storage. The unfinished Lower Level spans the full footprint of the home, offering endless potential for storage or future finishing. An attached oversized two-car garage completes the residence. Nestled in the esteemed Hershey's Mill community—renowned for its stunning landscapes, well-maintained golf course, and abundant amenities including walking trails, tennis courts, pool, clubhouse, and community center—residents enjoy a vibrant, close-knit lifestyle. This home perfectly combines comfort, elegance, and convenience, with easy access to shopping, dining, and major routes. Experience the best of Chester County living and begin your next chapter in this exceptional community.
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.
