Set on 2 scenic acres, this fully renovated farmhouse blends timeless character with modern upgrades. Offering 4 bedrooms, 2.5 bathrooms, and approximately 1,900 square feet of living space, this home delivers the perfect mix of charm, comfort, and functionality. Inside, original hardwood floors, detailed trim work, and classic finishes create a warm and inviting feel throughout. The completely remodeled kitchen is a true centerpiece, featuring quartz countertops, a large island, beverage cooler, walk-in pantry with a built-in coffee bar, new appliances, ceramic tile flooring, subway tile backsplash, and exposed wood beam accents. The main living area is anchored by a cozy gas fireplace, while the formal dining room showcases built-in cabinetry and French doors that lead to a charming porch. The first-floor primary suite offers a private retreat with direct porch access and a beautifully updated bathroom complete with a clawfoot soaking tub, tiled walk-in shower, and stylish barn door entry. An enclosed front porch provides additional flexible space, perfect for a home office or sitting area. Upstairs, you’ll find three additional bedrooms and a full bathroom. Step outside and enjoy the impressive 34x8 screened-in porch, complete with built-in audio—ideal for relaxing or entertaining while taking in the peaceful surroundings. The property also features a 28x36 barn and an additional outbuilding for storage, hobbies, or workshop use. A cedar-fenced raised garden area measuring 37x74 is ready for planting, and a dedicated fire pit space creates the perfect gathering spot. The U-shaped gravel driveway offers convenient access and plenty of parking. Major updates include a new HVAC system (2025), gutters (2024), vinyl siding and porch improvements (2021), roof (2019), vinyl windows (2021), and a brand-new water softener. This is a rare opportunity to own a thoughtfully updated farmhouse with acreage, combining modern amenities with classic country living.
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.
