Set on a quiet street with walkable access to Quarry Park, 1911 Misty Ridge offers a layout designed to grow with you - blending everyday comfort with spaces that flex easily for work, play, and time together! From the moment you arrive, the home feels welcoming and well cared for, framed by mature landscaping and a timeless brick exterior. Inside, the main level unfolds with warm wood flooring, generous natural light, and an easy flow between living, dining, and kitchen spaces. The kitchen anchors the heart of the home with ample counter space, double oven, and sightlines that keep everyone connected - ideal for busy mornings, shared meals, and casual gatherings. The primary bedroom is thoughtfully located downstairs, offering privacy and convenience for daily routines. Large windows bring in soft natural light, while the ensuite bath and spacious walk-in closet with built in organizers creates a comfortable, functional setup. Upstairs, three additional bedrooms offer flexibility for growing households, guests, or play spaces, while the oversized media room is perfectly suited for movie nights, gaming, or weekend downtime. Out back, the covered patio opens to a generous yard with room to run, relax, or entertain - a space that easily adapts to everything from backyard games to evenings spent unwinding outdoors. Just a short walk away, Quarry Park sits at the heart of Crystal Falls’ outdoor amenities, spanning 11.5 acres and offering HOA members first-class recreation and family fun! Residents enjoy a junior Olympic swimming pool, toddler and bucket pools with slide, covered picnic and grilling areas, a stocked fishing pond, an 18-hole disc golf course, and a multipurpose soccer field - all creating a true neighborhood hub where people naturally connect. With access to parks, trails, schools, and everyday conveniences, 1911 Misty Ridge offers a lifestyle that feels both active and grounded - a place designed for real life, shared moments, and the rhythms of 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.
