This distinguished two-story center hall Colonial, ideally situated in a quiet, child-friendly, tree-lined neighborhood within the rarely offered Oaks Estate section of Collegeville, blends timeless architecture with refined living. Offering three bedrooms, two full baths, a powder room, and a beautifully finished lower level, this home presents an exceptional opportunity in one of the area’s most desirable settings—complete with sidewalks, professionally maintained grounds, and no HOA fees.A gracious center hall entry sets the tone, complemented by rich hardwood flooring that extends throughout the entire first level. The main level is thoughtfully designed for both elegant entertaining and everyday comfort, featuring a spacious formal dining room enhanced by chair rail and crown molding. The chef’s kitchen has been fully reimagined and exquisitely remodeled, showcasing gas cooking with a slide-in range, a beautifully positioned corner sink framed by windows that fill the space with natural light, ceiling-height cabinetry, an elegant gray subway tile backsplash, a center island with seating, and a separate breakfast bar—creating multiple areas for gathering and casual dining.Flowing seamlessly from the kitchen is a generous family room filled with windows, offering an abundance of natural light and an inviting atmosphere. A versatile living room, currently used as a private and spacious home office, provides flexibility for today’s evolving lifestyle. Completing the main level are a discreetly placed powder room and an enormous laundry/mudroom, thoughtfully designed for everyday convenience.Upstairs, enter through double doors into the serene primary suite, featuring a tray ceiling with fan, bedside wall sconces, and a walk-in closet with custom shelving. The luxurious en-suite bath offers a beautifully updated shower with elegant tile work and frameless glass door, a large corner soaking tub, and a double vanity. Two additional generously sized bedrooms also feature custom closet systems, including one with a walk-in closet, and are serviced by a well-appointed hall bath.The finished lower level, approximately 700 square feet, adds exceptional versatility with a separate room currently utilized as a fourth bedroom, along with an expansive open area ideal for a game room, media space, or flexible living, plus additional storage.Outdoor living is equally impressive, with a maintenance-free TimberTech deck complete with lighting and a motorized awning—perfect for relaxing or entertaining on sunny days.The location is truly unmatched—just minutes from Valley Forge National Historical Park and only five minutes to the vibrant downtown of Phoenixville, recently named “#1 Best Small Town to Live In” by Travel + Leisure in August 2025. Situated within the award-winning Spring-Ford Area School District, and offering convenient access to King of Prussia Mall, Providence Town Center, major routes including 422, 29, 113, 202, and the PA Turnpike, as well as employers such as GlaxoSmithKline and Pfizer, this home delivers both lifestyle and convenience.With low real estate taxes, no HOA fees, and a premier location surrounded by shopping, dining, parks, and major commuting routes, this exceptional residence offers the perfect balance of luxury, comfort, and practicality. Welcome 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.
