Check out the 3D Virtual Tour and Slide show web links! Privacy, convenience, and plenty of space come together in this lushly landscaped corner-lot home just one block from nearby schools. This two-story residence offers over 2,700 square feet, featuring four bedrooms, three full bathrooms, and two half baths—including one conveniently located outdoors, ideal for a future pool or entertaining area. The exterior is scheduled to be freshly painted on May 5th, ensuring long-lasting curb appeal. Enjoy low-maintenance living with HOA-covered lawn care, bush trimming, and internet service. With only one neighboring home, the property offers added privacy. The neighborhood comes alive during Halloween and other holidays, drawing visitors for festive decorations and even hosting golf cart parades throughout the year. You’ll be within walking distance of shopping, dining, and Publix. Relax in the 17x8 screened-in patio with wood flooring, surrounded by greenery and peaceful views—your own slice of nature in the city. The 20x20 two-car garage is equipped for electric vehicle hookups and includes a large upright freezer. Inside, you’ll find approximately two-year-old smart appliances, including a high-capacity refrigerator, washer, and dryer. A spacious loft provides flexibility for a media room, workout area, or additional living space, while the front room boasts an impressive 20-foot ceiling. Additional features include new gutters installed in fall 2025, two regularly serviced A/C units (with the next maintenance already prepaid and transferable), and UV lights in both indoor air handlers to improve air quality. The home has never housed pets, making it a great option for allergy-sensitive buyers. The primary suite offers dual walk-in closets, along with a bathroom featuring double sinks. A Jack and Jill bathroom connects additional bedrooms, enhancing both comfort and convenience.
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.
