Welcome to Foxmoor! Beautiful 6 bedroom, 3.5 baths, 2 story single family home. Is set on a corner lot with a new (2025) fenced in backyard. Lawn is very well taken care of by the owners. Breathtaking backyard oasis with a tranquil setting which includes a pergola, brick fire pit, above ground pool and an enormous wood deck. Home has a whole house fan and water purifier. LOCATED IN THE GARAGE IS AN EV HARDWIRE CHARGER THAT WILL STAY WITH THE HOME. Basement is complete. There is a battery backup for the sump pump. The home was completely renovated in 2020. Some of the upgrades include: Updated lighting throughout the home, brand new ceiling fans, All brand new stainless steel LG smart appliances fridge, high end stove and dishwasher. Ceramic tiles in foyer, kitchen, pantry and laundry room. Kitchen is a dream with dimmable recessed lighting with plenty of cabinets which have crown molding, wall mount range hood and a brand new faucet. Ample counter space and a center island. Large walk-in pantry for all your storage needs. The laundry room is conveniently located right off the kitchen which makes it easy to cook and do laundry at the same time. Family room adjoins the entertaining kitchen and is a very nice size. Hardwood flooring is throughout the main floor and all bedrooms located on the 2nd level. Formal dining room has an elegant fixture which lights up the entire room and is complete with wainscoting to add that finished elegant look. Both living and family rooms have custom shelves that will stay with the home. Currently, the living room is being used as a home office. The only carpet in the home is on the stairs which lead upstairs to the Master Suite & 4 additional large bedrooms. As well as the stairs that lead to the finished basement. The finished basement features an additional large bedroom, a spacious closet and a full stand up shower. Furnace (2019), air conditioner (2019), roof (2024), gutters (2024), screens (2024), shutters (2025), updated recessed lighting and fixtures throughout the entire home and hot water heater (2022). Master bedroom suite has a large walk-in closet, linen closet, a separate bathtub and shower. All bedrooms have either walk-in closets or are very spacious. Walking distance to McDole Elementary school. Too much to list! This is a must see! Come view this beauty and make it yours!
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.
