WOW! This one is an absolute 11 on a scale of 1–10! Thoughtfully updated with stylish, on-trend finishes throughout, this property is truly exceptional from top to bottom. From the moment you step onto the covered front porch and into the dramatic two-story foyer, you’ll feel the difference. A private dining room sits to one side while two spacious main-level offices on the other make balancing work and home life effortless. And YES—high-speed internet is available through Talkie Fiber! At the heart of the home is a bright and beautiful gourmet kitchen featuring stainless steel appliances, a full refrigerator and full freezer, center island seating, and the kind of layout that naturally becomes the gathering place for everyone. The adjoining living room is warm and inviting, anchored by a fireplace and framed by oversized windows that flood the space with natural light while overlooking the picturesque backyard. Upstairs, you’ll find a magazine-worthy laundry room along with three spacious bedrooms and two beautifully updated full baths. The primary suite was designed to feel like a true personal retreat—complete with vaulted ceilings, a private deck overlooking the grounds, and plenty of natural light. Start your mornings with coffee in the fresh air or unwind at the end of the day under the stars. The luxurious ensuite bath features a soaking tub, separate shower, double vanity, and soaring ceilings that make the space feel spa-like. And just when you think it can’t get any better… there’s approximately 1,800 additional square feet of finished living space in the lower level! Complete with a private movie theater with seating for eight, bedroom, full bath, family room, kitchenette, and private entrance, the lower level offers incredible flexibility for guests, multi-generational living, or an in-law suite. Situated on nearly 1.5 acres surrounded by mature trees, this property offers the peaceful privacy of your own backyard oasis. The in-ground pool with landscaping, fire pit, multiple lounging areas, and glowing string lights create the perfect setting for entertaining family and friends all summer long. And tucked beyond it all? A beach volleyball court and horseshoe pit that make this property feel like your own private resort. PLUS: (As if all that wasn't enough) There is a whole house Generac to ensure you never lose power AND a 46,000 Enphase Solar (owned--no lease takeover!!) that saves BIG on electric and also returns Solar Renewable Energy Credits (SREC). Brand New Roof, too! Sound too good to be true? It’s not… unless you wait too long. This GEM is guaranteed to turn heads the moment it hits the market—so be ready!
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.
