Stunning Luxury Living at Turbo Lofts – Lansdale’s Hottest Property! ***PRICE IMPROVEMENT**** STILL TIME TO GET IN BEFORE THE HOLIDAYS !!!! Step into this immaculate,, move-in-ready unit at Turbo Lofts, one of Lansdale's most sought-after addresses. Blending historic charm with modern luxury, this spacious home offers the perfect blend of comfort and convenience. Featuring soaring 25-foot ceilings , 15 foot windows as wel as luxury vinyl flooring throughout, this residence is designed for a life of ease and elegance. This unit boasts one of the largest layouts available, The gourmet kitchen is a chef’s dream, equipped with top-of-the-line appliances and ample counter space and enormous pantry—ideal for cooking and entertaining. Natural sunlight pours through large windows, illuminating the open-concept living and dining areas. The living space is perfect for large gatherings or quiet relaxation. Step out onto your cozy balcony and enjoy a peaceful retreat right at home A generous primary bedroom featuring a private ensuite bath. A second bedroom offers plenty of space for guests, along with a full hall bath for convenience. On the second floor, discover two versatile loft spaces—perfect for an office, music room, guest space, or let your imagination run wild with endless possibilities to make these rooms your own. Turbo Lofts offers a full suite of amenities to enhance your lifestyle, including a state-of-the-art fitness area to keep you active, and a stylish club/game room—perfect for socializing, relaxation, or a little friendly competition. With maintenance-free living, you can focus on enjoying your surroundings without the hassle of upkeep. Also- take advantage of low utitly bills with the state of the art Geothermal HVAC System. Sellers are in cluding a premium 1 year home warranty. Own a piece of Lansdale history—once home to the renowned Dexdale Hosiery Mill, a leader in the national silk hosiery industry during the early 1900s, and later the Turbo Machine Company. This rich history adds a unique character to your home, merging timeless craftsmanship with modern comforts. With easy access to Lansdale’s vibrant craft breweries, a winery, Boardroom Distillery, and the convenience of nearby Wegmans, Montgomery Mall, and SEPTA’s R5 train, everything you need is just moments away. Don’t miss your chance to experience luxurious living in one of Lansdale’s most iconic buildings. Schedule your showing today and make Turbo Lofts your new 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.
