Truly better than new, this stunning contemporary Clarksburg home, built in 2020, is loaded with thoughtful upgrades, designer finishes, and exceptional indoor-outdoor living. With over 5,276 finished square feet, this rare model features a walkout basement leading to a private backyard retreat that feels like your own luxury resort. Relax to the soothing sound of the koi pond waterfall, entertain under the covered patio dining area, or enjoy the expansive upper deck with stairs connecting both outdoor spaces seamlessly. Owned solar panels help keep electric bills incredibly low, and the attached two-car garage includes an electric vehicle charger. The welcoming covered front porch adds classic charm and everyday comfort. Inside, the dramatic hardwood waterfall staircase with wrought iron balusters makes an unforgettable first impression. Rich hardwood flooring flows throughout the main level, where the formal living and dining rooms elegantly frame the foyer. A private main-level office with glass French doors provides the perfect work-from-home setup. Rarely found, this home offers two primary en-suites, including a desirable main-level primary suite and an additional luxurious upper-level primary suite. Designed for both everyday living and entertaining, the centerpiece of the home is the expansive open-concept gourmet kitchen, family room, and stunning dining area. The kitchen is beautifully appointed with granite countertops, tiled backsplash, a massive center island with breakfast bar seating, double wall ovens, a newer refrigerator, walk-in pantry, and an impressive bank of buffet and glass-front display cabinetry. A convenient butler’s beverage bar adds both style and functionality. Upstairs, the elegant primary ensuite features two walk-in closets, double vanities, a soaking tub, and a tiled shower. An ensuite secondary bedroom, plus two additional generously sized bedrooms connected by a hall bath, complete the upper level. The bright walkout lower level offers exceptional flexible living space, including a spacious rec room, gym area, guest or game room with doors, and a full bath. Step directly outside to the fully fenced backyard oasis where the tranquil waterfall and koi pond create a peaceful setting guaranteed to melt away stress. Additional highlights include dual-zone HVAC, contemporary finishes throughout, upgraded lighting, and an ideal location just minutes to I-270, Black Hill Regional Park, shopping, and the community pool. Beautifully maintained and thoughtfully upgraded throughout, this elegant home offers the rare opportunity to simply move in, relax, and enjoy every detail already completed for you.
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.
