Open Saturday, April 25th, 12:00 noon to 2:00 p..m. This is one gorgeous, welcoming and well-loved home in the quaint Town of Boyce!!! Wow, it is sited on a beautiful lot on a non-through street in the community of Meadow View with a center green space as you enter!!! The relaxing front porch with enjoyable southern views is only matched by the quiet patio in the private rear yard. A gorgeous open entry foyer with wood floors and nine-foot ceilings has views into both the living room and dining room .... as well as the family room towards the rear. Both the living room and dining room have two tall windows, crown molding and pillars to provide a bit of designer definition. The dining room also has chair railings, wainscoting and a butlers pantry for your treasured dishes and special gatherings. Your favorite kitchen .... with tall rich cabinets, stainless steel appliances, wood floors and a center island ..... that opens to both the breakfast area and family room ..... awaits you!!! There are Bosch, Samsung, GE and Broan appliances, including a five-burner gas cooktop. The breakfast area has recessed lights, wood floors and a sliding glass door to the patio. The family room also has nine-foot ceilings, five light-filled windows and a gas fireplace with slate surround. The switch-back staircase takes you to an awesome upper level with a large primary suite that includes a walk-in closet, a set of three windows overlooking the rear of the home, two additional windows, and a ceiling fan. The sumptuous primary bath has a stunning Jacuzzi Brand soaking tub under a large window, two separate sinks with new mirrors and a separate shower with classic ceramic tile. The additional bedrooms have walk-in closets, ceiling fans and have access to a generous secondary upper bath with dual sinks and a tub/shower with ceramic tile. All of the quality open space of the top two levels is matched by the large open lower level with a recreation room big enough for media space, game rooms, crafts or even office space. It has a sliding glass door with wide walk-up stairs to the private rear yard. There is a FULL BATH on this lower level and lots of storage space. The utility room has the new (2025) high-efficiency propane gas HVAC and a young nine-year old hot water heater. The roof is also newer (2025) as is the the refrigerator and dishwasher (both 2025.) The carpeting in the home is brand new.... having just been replaced. This special fabulous home in a terrific community awaits!!!
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.
