Welcome to timeless charm and comfort. From the moment you arrive, you’ll be drawn in by the stunning exterior, mature landscaping with a full sprinkler system, and an inviting front entry that sets the tone for everything inside. A new roof installed in Summer 2025 adds lasting peace of mind. Step through the door and you’re greeted with rich hardwood floors, soft neutral tones, and an open, airy layout designed for gathering. The living room features a gorgeous fireplace framed by custom built-ins perfect for displaying treasured keepsakes and creating cozy evenings. Large windows fill the space with natural light, while elegant archways add character and architectural interest. Surround sound throughout the home enhances everyday living and entertaining. The heart of the home flows into a beautiful kitchen with a generous island, stylish pendant lighting, and plenty of seating for morning breakfasts or after-school homework. Whether hosting or enjoying quiet nights, this space was made for connection. A dedicated home office provides the ideal work-from-home setup, offering privacy and productivity. The private primary suite is a true retreat, with a spa-like bath featuring dual vanities, a soaking tub, and a walk-in shower, your own peaceful escape. Secondary bedrooms are spacious and thoughtfully designed, featuring walk-in closets with abundant storage. Spray foam insulation provides added energy efficiency and year-round comfort. Step outside to the covered back patio and discover an outdoor living space you’ll enjoy year-round. With a cozy fireplace, ceiling fan, and surround sound, plus room for both lounging and dining, it’s the perfect setting for summer barbecues, morning coffee, or relaxing evenings. Every corner of this home reflects care, warmth, and pride of ownership. This treasured home is looking for its new family to love, a place where laughter fills the rooms and memories will be made for years to come.
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.
