🏡 New Construction Duplex in the Heart of Brewerytown 📍 Turner Street | Approved 10-Year Tax Abatement Welcome to your next home—or investment opportunity—in vibrant Brewerytown! This newly constructed bi-level duplex features two spacious 2-bedroom, 2-bath units, each thoughtfully designed with high-end finishes, modern layouts, and tons of natural light. ✅ Perfect for Owner-Occupants or Investors Live in one unit, rent out the other—generate income while enjoying your dream home Fully approved 10-Year Tax Abatement – huge savings! 🏠Unit 1: First Floor + Lower Level Open-concept kitchen with modern finishes & powder room Spacious living room opens to a private green patio Two comfortable bedrooms downstairs Stylish full bath + in-unit laundry 🏠Unit 2: Second Floor + Upper Level Gourmet kitchen & dining area Large main bedroom with full bath on main level Upper floor with 2nd living area & fireplace Second spacious bedroom with en-suite bath & laundry Private rooftop deck with skyline views—perfect for relaxing or entertaining 🔑 Features You'll Love Bi-level design in both units for privacy and space Tons of natural light throughout Rooftop deck for stargazing or entertaining Backyard green space High-end finishes throughout In-unit laundry in both units 🌆 Location Highlights Minutes to Center City, Temple University, and major highways Close to parks, schools, bike trails, and community hotspots Walkable, vibrant neighborhood with ongoing development Whether you're a first-time buyer looking for a place to call home with income potential, or an investor adding to your portfolio—this property checks all the boxes. 📅 Schedule your private showing today. 📣 Don’t miss out—this opportunity won’t last long!
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.
