RARE FIND: True ranch living with a finished walk-out basement with room to grow, a multigenerational setup — built by nationally award-winning Taylor Morrison and tucked into the intimate, lakeside community of Harpers Point bordering Lake Wylie. At $949,900, this is luxury at a price point that’s nearly impossible to find with this level of finish, this much space, and this much privacy. The kitchen sets the tone — quartz countertops, gas cooktop, upgraded appliances, upgraded cabinetry, a massive island with a porcelain farmhouse sink, a touch-less faucet and upgraded lighting throughout. Rich hardwood floors, crown molding, and soaring 10-foot ceilings carry that same intentionality through every room. The living room anchors around the floor-to-ceiling stacked stone fireplace with a picture perfect hearth. You will love how the sunny breakfast nook and formal dining room flow seamlessly alongside it. The main-level primary suite is its own retreat overlooking the wooded backyard through the window wall — entered through elegant French doors, leading into a marble-floor bathroom with a walk-in shower, seamless glass enclosure, upgraded tile shower floor and rain head fixture, and a generous walk-in closet. The main level split floor offers two additional bedrooms, an office, laundry and a bathroom with an upgraded porcelain tub surrounded by subway tile to the ceiling. Every bathroom in this home features quartz countertops,UV light technology, and upgraded flooring. Tankless hot water heater. Nothing was overlooked. Step outside to a private screened porch and a backyard that feels like your own tucked-away escape as you watch the deer in every season. The finished basement adds a bedroom, full bath, and direct patio access — and it’s already plumbed for a kitchen, making it an ideal multigenerational setup. Two large unfinished areas offer room to grow. Whole-home generator, and permanent basement dehumidifiers round out the thoughtful upgrades. One-level luxury living. A community that puts Lake Wylie at your doorstep. This one is rare NO CITY TAXES— and it won’t last.
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.
