Welcome home to 21184 Allentown Rd, where everything feels brand new. Tucked away on nearly 4 acres in sought-after Tremont Schools, this beautifully refreshed home delivers move-in-ready peace of mind from the moment you walk in. Step inside to find gleaming luxury vinyl plank flooring flowing through an open-concept living room, dining area, and kitchen, where crisp custom craftsman trim and casings frame every doorway with a tailored, high-end feel. The kitchen is a true delight! Abundant Roecker cabinetry paired with a custom-built pantry cabinet and fresh cabinet doors creates a space that's as functional as it is gorgeous. Every interior and exterior door has been replaced, and Feldco windows are sparkling-new with a lifetime warranty, so you can settle in without a single worry about what's behind the walls. Upstairs, plush new carpet adds warmth to the bedrooms, while a beautifully retiled bathroom rounds out the comfort. The big-ticket essentials are freshly handled too. There is a recently updated furnace, water heater, and well pump which means the systems you don't see are just as solid as the finishes you do. A whole-house generator stands ready for peace of mind no matter what the weather brings. Step outside and the story keeps going. A smooth blacktop driveway and a poured concrete patio set the stage for easy outdoor living, while mature trees frame the front yard with established, peaceful charm. A fenced area with a hen house, rounds out the outdoor amenities, ready for fresh eggs right from your own backyard. Then there's the outbuilding - and this is where the property truly sets itself apart. Built in 2022, this impressive structure is far more than a shed; it's a heated, insulated retreat with its own concrete drive, designed for serious flexibility. The workshop area is outfitted with geothermal floor heating, delivering efficient, steady warmth no matter the season. Inside, you'll also find two distinct living spaces, each with separate heat: a fully finished apartment ready to welcome guests, extended family, or a tenant from day one, and a second unit left intentionally in the construction phase - a true blank canvas where the next owner can bring their own vision to life, whether that's a finished second apartment, a private studio, or a one-of-a-kind hangout space. It's a rare opportunity to add your own finishing touches and make this space exactly what you've always wanted. Come experience the craftsmanship, the comfort, and the possibility for yourself - schedule your private showing today.
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.
