Welcome to your dream home in Amber Fields! This stunning 2-story residence offers over 3,500 square feet of beautifully finished living space, designed to meet all your needs and more. Step inside to a bright and open main level featuring a spacious family room with a cozy fireplace, and soaring 9-foot ceilings. The first floor boasts a versatile office/den, an elegant dining room, new fans in all bedrooms and lighting as well and an updated kitchen with new stainless steel appliances-perfect for hosting or everyday living! Upstairs, you'll find four generously sized bedrooms, including a luxurious master suite complete with walk-in closets and an upgraded spa-like bathroom. A loft area provides additional flexible space for relaxing, working, or playing. The fully finished basement is an entertainer's paradise, featuring a massive recreation room, a fully customized bathroom with a large walk-in shower, crawl and unfinished area for storage and a stylish bar area ready for your next gathering. Outside, the home continues to impress with a huge fenced-in backyard, a spacious patio, and plenty of lush green space for outdoor activities. This home has been meticulously updated with modern conveniences and peace of mind in mind: * Roof (2019)*Fence (2022)* Windows (2020/2021) * Doors & sliding glass doors (2021) * Furnace/AC & humidifier with UV light (2021) * Sump pump with battery backup (2023) * Radon mitigation system (2023) * Master bath renovation (2022) * Carpet (2022) + LVP (2021) * Gemstone exterior roofline lighting (2025) *NEW Garage door (2022) *ELFA shelving in closets * Plus, new electrical upgrades, exterior lighting, fresh landscaping, can lights in basement and first floor with new fans (2020) new electrical outlet on the outside of the house in (2022), garbage disposal (2024) plus back-up surge protector and so much more! Additional highlights include raised garden beds, Ring security with floodlights, and updated smoke/carbon monoxide detectors-all ready to make your life easier and more enjoyable. Located close to top-rated schools, shopping, parks, and all the essentials, this home truly has it all. Don't miss out on this incredible opportunity-schedule your 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.
