Experience elevated urban living in this stunning 3-story contemporary townhome located in the heart of Downtown Las Vegas. Spanning 1,857 square feet, this architecturally striking home seamlessly combines modern design, sophisticated finishes, and effortless comfort. Upon entering into a dramatic great room featuring soaring ceilings, expansive windows, abundant natural light, and a statement Restoration Hardware chandelier. A distinctive blend of polished concrete, wood-look tile, & rich hardwood flooring creates a refined yet inviting atmosphere, while the open-concept layout is perfectly suited for both entertaining and everyday living. The chef-inspired kitchen serves as the centerpiece of the home, showcasing elegant marble countertops, sleek black cabinetry, a generous island, and premium Café appliances, including a 6-burner gas range, built-in microwave, dishwasher, and refrigerator. Designed with both style and functionality in mind, this space is ideal for everything from intimate dinners to lively gatherings. Retreat to the spacious bedrooms, each offering privacy and contemporary sophistication. The primary suite features warm hardwood flooring and a luxurious spa-inspired bathroom complete with a dual vanity, oversized walk-in shower with dual shower heads, and a relaxing soaking tub. The secondary bedroom offers a unique modern aesthetic with polished concrete flooring and ample space for guests. Step outside to your private backyard, which is an ideal setting for morning coffee, evening cocktails, or entertaining under the Las Vegas sky. The home's striking exterior showcases clean architectural lines, metal siding accents, and an attached garage that complements its modern design. Located just moments from the vibrant Arts District, acclaimed restaurants, boutique shopping, entertainment venues, and Downtown nightlife, this exceptional residence offers a rare opportunity to enjoy luxury living in one of Las Vegas' most dynamic neighborhoods.
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.
