This beautifully maintained split foyer in the quiet, established Green Haven neighborhood offers exceptional space, modern updates, and a layout designed for both everyday living and effortless entertaining, inside and out. Step into a bright and expansive living room filled with natural light, creating the perfect setting for gatherings or relaxing at home. The heart of the home is the updated gourmet kitchen, thoughtfully designed with custom cabinetry, granite countertops, a convenient breakfast bar, sleek stainless steel appliances, and stylish updated fixtures—ideal for cooking, hosting, and connecting. Durable luxury vinyl plank (LVP) flooring flows throughout the main living areas, adding both warmth and functionality. The main level features three generously sized bedrooms, each with ample closet space and ceiling fans. The primary suite includes a private en-suite bath, while the updated hall bathroom serves the additional bedrooms with modern finishes. Downstairs, the fully finished lower level offers incredible versatility with a large recreation room perfect for movie nights, game days, or entertaining. A bonus area provides additional flex space, complemented by a dedicated den or home office, a laundry area, and a separate storage/workroom—giving you room to spread out and customize to your needs. Step outside to a fully fenced rear yard designed for outdoor enjoyment, featuring a spacious wood deck ideal for grilling, entertaining, or simply unwinding. A large shed provides additional storage for tools, equipment, or hobbies. Situated on a private lot in a peaceful neighborhood, this home offers the perfect balance of tranquility and convenience. Enjoy easy access to major commuter routes, shopping, dining, parks, and schools—everything you need just minutes away. Recent updates include: vinyl siding, kitchen slider, HVAC system, water heater, main sewer line, water supply line, driveway, and more, providing peace of mind and added value for years to come. Move-in ready, spacious, and thoughtfully updated. This is one you don’t want to miss!
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.
