Welcome to this beautifully appointed 5 bed/3 bath home that combines charming curb appeal with an impressive array of interior features. The craftsman-inspired exterior showcases gray lap siding with board-and-batten accents, decorative shutters, and stone detailing at the base, all framed by mature trees and a welcoming covered front porch — perfect for enjoying a quiet morning outdoors.Step inside to discover a thoughtfully designed open-concept layout where rich hardwood-look flooring flows through the main living areas. The formal dining room immediately impresses with its stunning coffered ceiling and bold accent walls that add a sophisticated touch to every gathering. The oversized kitchen is a true centerpiece of the home, offering white raised-panel cabinetry, granite countertops, a center island with seating, stainless steel appliances, pendant lighting, and a sunny window overlooking the backyard. The kitchen opens seamlessly to both the dining area and the spacious family room, making entertaining effortless.The family room is generously sized and features a cozy fireplace, ceiling fan, and sliding glass doors leading to the rear patio — creating an easy indoor-outdoor flow. Upstairs, a large loft-style area provides flexible space that can serve as a playroom, home office, or secondary lounge.The primary suite is a true retreat, complete with a tray ceiling, ceiling fan, and plush carpet. The en suite bath features a dual-sink vanity with granite countertops, a soaking tub, and a separate water closet. Secondary bedrooms are well-sized and a second full bath with granite counters and a tub/shower combination.The fully fenced backyard offers a covered rear patio, a storage shed, and a wooded backdrop that provides a sense of privacy and tranquility. The two-car garage and generous driveway complete this home's excellent functionality. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
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.
