“Where Every Sunrise Feels Like a Dream & Every Sunset Feels Like Home — A Rare Victorian Estate in Forest Hill” Welcome to this exceptional 4-bedroom, 2-bath Victorian estate, perfectly set on **.77 private acres in the heart of Forest Hill**. A true architectural gem, this home seamlessly blends historic charm with today’s most desirable upgrades—offering a lifestyle of elegance, comfort, and confidence. From the moment you arrive, the **newly constructed wrap-around porch (2025)** creates a stunning first impression—an ideal setting for morning coffee, sunset views, and effortless entertaining. **This home is perfectly positioned to capture some of the most breathtaking sunrises and sunsets—an everyday luxury you’ll never take for granted.** Inside, timeless craftsmanship takes center stage with **rich wood detailing, chair rail and crown molding, and custom tile work**. Sun-drenched formal living and dining spaces provide the perfect backdrop for both everyday living and elevated gatherings. The **updated main level flooring (2022)** delivers a refined, modern touch while maintaining the home’s original character. Step outside to your **private outdoor retreat**, where thoughtful design meets everyday enjoyment: • Fully fenced yard (2018) • Custom patio & fire pit (2020) • Expansive, level .77-acre homesite offering privacy and versatility • **The perfect setting to unwind while taking in unforgettable sunrise and sunset views** Major system upgrades provide true peace of mind: • New septic system & drain field (2025) • New paved driveway (2025) • New vinyl shed (2025) • Well bladder replacement (2021) • Hot Water Heater (2025) • HVAC (2018) • Slate Roof **This is more than a home—it’s a statement.** A rare opportunity to own a beautifully preserved Victorian enhanced with modern infrastructure, outdoor living, and picture-perfect daily views. **Opportunities like this in Forest Hill are rare—schedule your private showing before it’s gone.**
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.
