Welcome to the highly sought-after Richmond James—one of the most beloved floor plans, thoughtfully designed for both everyday living and effortless entertaining. This spacious home features four generously sized bedrooms on the upper level, a dedicated main-floor office perfect for remote work, and an additional guest bedroom in the finished basement, offering comfort and flexibility for any lifestyle. At the heart of the home, the chef-inspired kitchen impresses with slab granite countertops, rich maple cabinetry, abundant prep and storage space, and a center island that invites gatherings both large and small. The adjoining family room is truly striking, showcasing soaring ceilings, a stately fireplace, and an expansive wall of floor-to-ceiling windows that flood the space with natural light, creating a warm and inviting atmosphere. Upstairs, the luxurious primary suite is a true retreat. The fully remodeled, spa-like bathroom features a freestanding soaking tub, sleek modern cabinetry, gleaming countertops, and high-end fixtures—offering a serene escape at the end of the day. Step outside to your own private oasis. Situated on a nearly half-acre lot, the beautifully landscaped yard is framed by mature trees and lush shrubs for exceptional privacy. Enjoy the irrigated flower beds, a charming gazebo with fire pit, a large grassy area perfect for play or pets and a covered patio ideal for relaxing or entertaining year-round. The finished basement expands your living space even further, providing endless possibilities—whether for recreation, fitness, media, or gaming—and is complete with a stylish wet bar. OWNED solar panels bring your energy bills way down and this home has a newer roof and fresh exterior paint! Ideally located in one of Parker’s most desirable neighborhoods, residents enjoy access to a community pool, scenic trails and parks and it sits adjacent to a premier golf course. Award-winning Douglas County schools! 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.
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