This well maintained Ranch in a desirable location of Wareham will not last long. It features 3 bedrooms , A modern kitchen that includes appliances, and a large dining room area openly located off the kitchen. It also features a spacious Living room with doors leading out to a deck overlooking a swimming pool.It has a full basement , a 2 car garage, along with a beautiful maintained landscape which makes this home shine like a gem. Sellers installed a new septic system . Home has a solar system that has saved the sellers lots of money on their energy cost and is transferable upon sale of property. This home also has central Air Condition and an outside irrigation water system for the yard.
223 Charge Pond Rd
Wareham, MA 02571
$599,900
$2,042/mo at 6.15%
This home comes with a lower rate
About this home
Home features
3 bedroom
1 bathroom
1,500 sqft
0.4 acres
Built in 1988
Single Family
2-car garage
A/C
Fireplace
Private & shared pool
See your savings
Neighborhood
FAQ
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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Last updated: Feb 06, 2026 06:48 pm
Listing agent: John Tsonis
(508) 858-6772
Listing provided courtesy of: Keller Williams South Watuppa, (508) 677-3233
Details provided by MLSPIN and may not match the public record.
MLS ID: #73473371
Payment calculations are estimates and exact amounts will be confirmed by your agent.
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