MORE PHOTOS WILL BE AVAILABLE THURSDAY! Welcome to 216 Almonesson Drive in Blackwood, a spacious and thoughtfully designed home offering the perfect blend of comfort, flexibility, and convenience. With 4 bedrooms, 2 full bathrooms, an additional full bath, and over 1,640 sq. ft. of finished living space. This property provides incredible versatility for growing households and a yard that screams outdoor play. A charming brick pathway welcomes you as it leads to the large covered front porch, the perfect spot to relax with your morning coffee or unwind in the evening. Step inside to discover true one-story living with an open concept living and dining area that creates a bright and inviting space for everyday living and entertaining. Just to the left of the main living area, you’ll find the large sunlit kitchen, featuring granite countertops, cherrywood cabinets, stainless steel appliances, and ceramic flooring. This side of the home also includes the laundry area and one of the four bedrooms, complete with a walk-in closet, making it a great option for a guest room, office, or private bedroom space. To the right of the living area, the home continues with three additional bedrooms and two full bathrooms, including the spacious primary suite. The primary bedroom offers two closets, space for a king-size bed, and access to a full bathroom with a relaxing jetted tub, creating the perfect retreat at the end of the day. Walk-in closets throughout the home provide plenty of storage. The living space continues downstairs with a fully finished basement, adding incredible flexibility to the home. This level includes two additional rooms or office spaces, a kitchenette with sink and refrigerator, and a dedicated laundry space. Outside, the large yard offers room to entertain, garden, or simply enjoy the outdoors. Enjoy a backyard deck to barbeque and sit out in the sun. The property also includes a 6-foot white vinyl privacy fence and a storage shed, providing both privacy and functionality. Additional highlights include newer windows, forced air heating and cooling, public water and central air along with a newer French drain for added peace of mind. Located in a highly convenient area, this home offers quick access to major highways, shopping, and dining while still providing a peaceful residential setting. You'll also enjoy being within easy driving distance to Philadelphia for work or entertainment and the beautiful Jersey Shore beaches for weekend getaways. Nearby parks, restaurants, and local attractions make it easy to enjoy everything the Blackwood and Gloucester Township area has to offer. Homes with this much space and flexibility are rare. Schedule your private showing of 216 Almonesson Drive today and see how perfectly this home can fit your lifestyle.
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.
