Welcome home to this charming 3 bedroom, 3 bath beauty sitting on a spacious half-acre corner lot with a fenced-in backyard—perfect for kiddos, pets, or just enjoying a little extra privacy. From the moment you pull up, you'll love the curb appeal and the large southern front porch, perfect for rocking chairs and sipping sweet tea in the afternoon! Inside, you'll find a warm and welcoming layout with 9-foot ceilings on the main level and a cathedral ceiling in the family room that makes the whole space feel open and airy. Curl up by the cozy gas log fireplace, complete with a raised hearth and stone surround—it’s the perfect spot to relax on cool evenings with a good book. The kitchen is both stylish and functional with 42” cabinets, granite countertops, a gas range, and sleek stainless steel appliances—everything you need to whip up family meals or entertain friends. It’s open concept flows seamlessly into the dining room for Taco Tuesday! The primary suite feels like your own little retreat, with a beautifully tiled walk-in shower featuring a frameless glass door, double sinks, and a granite vanity. Every bathroom in the home has that same upgraded feel, with granite counters and ceramic tile flooring. The laundry room even has tile—because every space deserves to be nice! One of the favorite spaces in the home is the large covered back patio, where you can sit with your morning coffee or host summer cookouts. There's also an extended fire pit area that’s just begging for s’mores and stargazing. Plus, the finished flex room gives you that extra space you’ve been wanting—for a home office, playroom, workout area, or guest room, not to mention the full bathroom is a great addition to the space. This home blends comfort, quality, and thoughtful details throughout. If you’ve been looking for the kind of home that’s move-in ready and full of heart—you’ve found it.
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.
