Perfectly positioned on a beautifully landscaped cul-de-sac lot, this exceptional contemporary residence offers refined style, thoughtful updates, and impeccable pride of ownership throughout. Surrounded by manicured grounds that will soon burst into full bloom, the home makes a striking first impression with newer wide-beaded vinyl siding, all newer windows, a timeless white brick façade, and a stunning custom double-door entry. Inside, a dramatic foyer with ceramic tile flooring and freshly painted crisp white walls introduces the home’s sophisticated, light-filled interior. Designed for both elegant entertaining and comfortable everyday living, the formal dining room is generously sized and accented by two oversized windows and recessed lighting, easily accommodating a large dining table and serving pieces. The adjoining living room is equally impressive, filled with natural light from a triple casement window and sliding glass doors that open to the outdoor entertaining spaces. Custom glass pocket doors lead seamlessly into the kitchen, creating both privacy and flow. The bright white kitchen is beautifully appointed with sparkling granite countertops and backsplash, abundant cabinetry, recessed lighting, and a skylight that fills the space with natural light. Premium appliances include a Dacor five-burner glass cooktop, double ovens, dishwasher, and refrigerator. The adjoining breakfast area features an Andersen sliding glass door leading directly to the deck, making indoor-outdoor living effortless.The family room is warm and inviting, anchored by a white brick wood-burning fireplace with a dramatic black mantel. Triple windows and an Andersen slider continue the home’s airy feel, while a custom wet bar with white cabinetry and a beverage refrigerator creates the perfect setting for entertaining.Even the laundry room has been thoughtfully reimagined with oversized marble-look tile flooring, a custom marble backsplash, and a utility sink set into white cabinetry topped with quartz. A newer exterior door provides convenient access to the side yard. A stylish powder room with pedestal sink and ceramic tile flooring completes this level. Upstairs, a striking black and white custom staircase leads to the private bedroom level. The spacious primary suite offers a serene retreat with neutral décor, plush carpeting, and a beautifully updated en-suite bath featuring a dressing area, white cabinetry, ceramic flooring, and an updated shower surround. Two additional bedrooms are generously sized with large windows and fresh neutral finishes. Uniquely, each bedroom enjoys access to its own full bath. The updated hall bath features gray cabinetry, quartz countertops, nickel fixtures, and a white tub with subway tile surround and niche. A third spa-inspired full bath offers the ultimate retreat, complete with a Jacuzzi tub, separate stall shower, white cabinetry with granite countertops, and custom granite accents set into the tile flooring. The fully finished basement provides exceptional flexibility with expansive space for a recreation room, home office, fitness area, or media lounge. Outside, the private backyard is an extension of the home’s living space. Landscape lighting beautifully illuminates the manicured grounds, while the expansive deck and stamped concrete patio provide the ideal setting for outdoor dining, entertaining, or simply relaxing in your own private oasis. Additional highlights include smart home technology controlling the garage doors, sprinkler system, and HVAC, as well as a newer roof and HVAC systems, both approximately 6 to 7 years old. The solar panels reduce the electric bills and the average monthly electric bill for 12 months is $37.76 An absolutely pristine home offering luxury, comfort, and convenience in an exceptional location just moments from major roadways, shopping, and dining.
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.
