210 Claridge Way is a meticulously maintained, one-owner residence situated on a private cul-de-sac, offering exceptional privacy and distant views of mountains, woods, and meadow. Built approximately six years ago, the home combines a modern, functional layout with quality construction and numerous included features. **Main Level** The main level presents an open-concept floorplan, seamlessly connecting the great room, kitchen, and dining area. Architectural details include vaulted smooth ceilings, recessed lighting, and a stone gas fireplace. The kitchen is well-appointed with two pantries, extensive cabinetry, generous solid-surface countertop space, and a gas stove. Adjacent is a spacious walk-in laundry room with natural light. The dining area overlooks the level, fully sodded backyard and provides direct access to a covered porch to the backyard, suitable for outdoor living and entertaining. The primary suite accommodates king-sized furnishings and features a private bath with double vanity, ample drawer storage, a walk-in shower, and a large walk-in closet. A first-floor guest suite with a private full bath (tub/shower combination) provides additional convenience and flexibility. **Upper Level** The upper level includes two additional bedrooms, each featuring walk-in closets and large windows that provide ample natural light. A full bathroom with a tub/shower combination serves this level. An open loft area offers flexible use as a recreation or media space, and the existing pool table conveys with the property. **Interior Features and Systems** The home is equipped with gas service for the stove, heating system, water heater and outdoor grill. Additional enhancements include a whole-house surge protector and a wired generator switch. Hardwood flooring is installed throughout the main level and stair treads, with carpet in the bedrooms and loft. Ample storage is available throughout. **Exterior and Grounds** Constructed with Hardie board siding and brick veneer, the exterior is both durable and low-maintenance. The backyard is level and fully sodded with Bermuda grass, supported by a seven-zone irrigation system. A covered porch over looks this beautiful outdoor setting. A detached storage building with electrical service, roll-up door, and standard entry door is included. The crawlspace is tall and fully encapsulated, featuring a vapor barrier and dehumidifier for improved efficiency and moisture control. **Additional Inclusions** The sale includes the washer, dryer, pool table, gas grill, and generator. Located within a well-maintained community near shopping, churches, and recreational lakes, this property offers a rare combination of privacy, scenic views, and modern convenience.
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.
