Step into a lifestyle of ease at 18884 Pinda Drive, located in the highly desirable Lancaster! From the moment you arrive, the permanent Govee outdoor lighting system sets a sophisticated mood, hinting at the extensive upgrades waiting inside. This isn't just a house; it's a thoughtfully designed retreat where every detail-from the designer lighting and fans to the custom millwork-has been curated for a premium living experience. The heart of the home is a seamless open-concept space anchored by a striking custom-built electric fireplace feature wall that adds both warmth and a modern architectural focal point to the living room. The kitchen flows naturally into the social areas, making it easy to transition from morning coffee at the island to cozy evenings by the fire. Heading upstairs, you'll find a second floor designed for both connection and retreat. It opens into a spacious loft that serves as the ultimate flexible hang-out spot. One of the well-appointed bedrooms is a true functional masterpiece; thoughtfully reimagined, it features a custom built-in bookshelf, desk, and bed. The entertainment options continue in the dedicated theater room, featuring a custom built-in bar and shelving designed for movie marathons and game days. When the party moves outside, you'll find a private backyard with a beautiful pond view. Relax under the stylish pergola or soak in the hot tub, all within the privacy of a sleek 4-foot aluminum fence. Even the garage has been elevated with professional overhead storage to keep your life organized & clutter-free. Beyond the front door, the community amenities offer a resort-style lifestyle. Spend your weekends enjoying the neighborhood pool, park, or a friendly match on the pickleball courts. Location is everything, and living here puts you in the center of Westfield's most sought-after amenities, from the vibrant "Restaurant Row" on Park Street to the expansive trails and Grand Park. This is more than a home, its a lifestyle upgrade.
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.
