Some homes simply have a presence. From the moment you arrive, the striking modern farmhouse exterior, timber accents, and inviting front porch hint at what waits inside. Step through the front door and you're greeted by soaring vaulted ceilings, rich floors, and a dramatic wall of windows that fills the living room with natural light while drawing your eyes straight to the trees and mountain views. The stone fireplace anchors the space, creating a warm gathering place that feels equally suited for quiet evenings or a house full of family and friends. The kitchen was designed to be part of the conversation, with a generous granite island, white shaker cabinetry, stainless steel appliances, and an open layout that keeps everyone connected whether you're preparing dinner or hosting for the holidays. Open the French doors and discover the space you'll never want to leave. The vaulted screened porch feels like another living room suspended in the trees, offering the perfect place for morning coffee, summer dinners, football Saturdays, or simply listening to the breeze move through the woods. The spacious primary suite offers privacy and comfort with a spa-inspired bath featuring dual vanities, a tiled walk-in shower, soaking tub, and walk-in closet. A finished lower level provides flexible living space for movie nights, guests, a home office, or playroom, giving everyone room to spread out. Outside, the fenced yard offers space for pets, gardening, or games, while the wooded surroundings create privacy without sacrificing convenience. Located just minutes from North Asheville, Weaverville, local breweries, restaurants, and hiking trails, you'll enjoy the feeling of being tucked into nature while remaining close to everything you need. Whether you're looking for a full-time residence, a mountain getaway, or an investment opportunity, short-term rentals are allowed, offering flexibility for a variety of lifestyles and ownership goals. This isn't just a beautiful house, it's a home designed for gathering, slowing down, and enjoying every season Western North Carolina has to offer.
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.
