Welcome to 17818 Cricket Hill Drive in the sought-after Clopper's Mill West subdivision. This exceptional home captures your attention from the moment you step through the front door. From the gleaming hardwood floors to the numerous thoughtful updates throughout, no detail has been overlooked. The spacious home office is flooded with natural light from large windows and elegant French doors, offering the perfect balance of openness and privacy. Hardwood flooring extends through the office, foyer, and formal living and dining rooms, creating a warm and inviting atmosphere. The updated kitchen is the heart of the home, featuring modern finishes, abundant cabinetry, generous counter space, and a functional layout ideal for both everyday living and entertaining. The kitchen opens to the breakfast area and welcoming family room, creating a seamless flow for gatherings. The family room offers a cozy gas fireplace and convenient access to the upper level via a secondary staircase, a highly desirable feature that enhances both function and accessibility. Upstairs, the spacious primary suite provides a relaxing retreat. The updated primary bath features a dual vanity and a beautifully renovated walk-in shower with a seamless glass door. The conveniently located upper-level laundry room makes everyday chores effortless. Three additional generously sized bedrooms and a full hall bath complete the second floor. The walk-up lower level offers tremendous potential for future expansion. Already plumbed for a full bath, this unfinished space is ready for your personal vision, whether it's a recreation room, home gym, media room, or additional living area. With its thoughtful updates, flexible floor plan, and desirable location, this home offers the perfect blend of comfort, style, and opportunity. Conveniently located near parks, shopping, dining, and commuter routes, 17818 Cricket Hill Drive is ready to welcome you home.
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.
