Don't miss this beautifully maintained 2,830-square-foot home offering 3 bedrooms, 2.5 baths, a stunning 30' x 16' kitchen, and an impressive 24' x 24' family room with an 11-foot vaulted ceiling. Situated on one of the most beautifully landscaped lots in the highly sought-after town of Wenonah, this exceptional property is located just a few doors from the elementary school. Originally built in 1939 as a modest two-bedroom, one-bath home, the property underwent a substantial transformation and expansion around 2002, creating the spacious and inviting home you see today. Pride of ownership is evident from the moment you arrive, with meticulously maintained landscaping, front and rear irrigation systems, and outstanding curb appeal. A two-car driveway leads to the partially converted garage, which currently serves as a workshop and heated home office. The space features a Tesla charging station, 200-amp electrical service, and can easily be converted back to a one-car garage if desired. The welcoming wraparound front porch is highlighted by a newer metal roof and an entire new roof 4.5-years ago. This charming outdoor space provides the perfect spot to relax and enjoy your morning coffee while overlooking the beautifully landscaped front yard. Step through the newer front door into the spacious living room featuring hardwood flooring, Andersen windows, a large wraparound coat closet, and an elegant open oak staircase leading to the second floor. Hardwood floors and Andersen windows are featured throughout much of the home, providing abundant natural light and energy efficiency. The living room flows seamlessly into the formal dining room, currently utilized as a home office, offering flexibility to fit your lifestyle. A convenient first-floor powder room is located nearby. The heart of the home is the expansive 30' x 16' kitchen, offering abundant Maple cabinetry, Corian countertops, a built-in desk area, four-seat breakfast bar, spacious dining area, and a walk-in pantry/utility room. This area houses the newer four-zone gas hot water boiler installed in 2025, which provides both heat and domestic hot water. One of the home's two central air handlers, installed in 2014, is also located here. Adjacent to the kitchen is a charming mudroom featuring exposed wood beam ceilings, built-in seating, and custom storage organizers for coats, shoes, and everyday essentials. One of the home's most impressive features is the spectacular 24' x 24' family room. This spacious gathering area boasts an 11-foot vaulted ceiling, hardwood flooring, Andersen windows, and a sliding glass door leading directly to the backyard retreat. Whether you're hosting family gatherings, entertaining guests, or simply relaxing at home, this room offers endless possibilities. Step outside to your private backyard oasis featuring professional landscaping, a fully fenced yard, paver patio, retractable shade awning, storage shed, children's play area, and a beautiful assortment of mature trees, shrubs, and plantings. Stepping stones lead to both the mudroom entrance and the heated 11' x 11' detached office/workshop space, which is served by its own heating zone and offers endless possibilities as a home office, craft room, studio, exercise room, or hobby space. The second floor features three spacious bedrooms, two full ceramic tile bathrooms, and a convenient laundry room located just off the primary suite. Pull-down attic stairs provide access to extensive storage space, while the second central air handler, installed in 2014, efficiently serves the upper level. The primary suite offers generous closet space with dual 12-foot closets and a private ensuite bath featuring a jetted Jacuzzi type tub and separate stall shower, creating the perfect place to relax and unwind after a long day. Additional features include a home security system and monitored exterior surveillance cameras for added peace of mind. Conveniently located to your everyday necessities. Hurry.
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.
