Welcome Home to the Comfort of Tahitian Village Nestled in the sought-after community of Tahitian Village subdivision, this pristine 2015-built single-story gem offers 3 bedrooms and 2 full baths across 1,650?sq?ft of thoughtfully designed living space. From the moment you arrive on the stained concrete flooring and open-concept layout, it’s clear this home was built for both style and ease. Enjoy amazing views from the top of a the hills in Tahitian, high ceilings, and abundant bright sun filled rooms. Key Features You’ll Love: • Stunning Interiors: Sparkling granite countertops and a striking stone island anchor the well-appointed kitchen—perfect for morning coffees or casual entertaining. • Durable Elegance: Sleek stained concrete floors throughout offer low maintenance without compromising on modern flair. Private living with beautiful views from every angle. • Outdoor Gathering Spot: Step onto your covered back porch and take in peaceful, scenic views—ideal for cocktails at sunset or weekend BBQs. Fully fenced in back yard and plenty of grass make for a beautiful outdoor living area. • Effortless Living: Three main-level bedrooms, including a spacious primary suite with soaring ceilings, ensure functionality and flow. Huge closets throughout, and extra large stone showers add to the elegance and functionality. • Two-Car Garage: Park with ease in your attached 2-car garage, keeping vehicles and toys neatly tucked away.
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.
