Welcome home to this beautifully maintained and extensively updated residence in the highly desirable Village of North Ridge Community. Offering 2,092 square feet of comfortable living space, this move-in-ready home combines modern upgrades, stylish finishes, and exceptional functionality. Step inside to discover a freshly painted interior and stunning new Pergo Outlast waterproof flooring throughout the main level, backed by a lifetime residential warranty. Updated lighting fixtures and all-new window blinds, including a convenient motorized blind, enhance the home's contemporary appeal. The kitchen is equipped with newer stainless steel appliances, including a French-door refrigerator, gas range, microwave, and dishwasher, all less than two years old. Thoughtfully designed for both everyday living and entertaining, this space offers modern convenience and timeless appeal. Adding even more value, the washer and dryer convey with the property and are both less than two years old, providing buyers with a truly move-in-ready experience. The open-concept living area is warm and inviting, highlighted by a beautiful stone gas fireplace that serves as the focal point of the space. A sliding glass patio door fills the room with natural light and provides easy access to the recently replaced deck, featuring premium TimberTech decking with an impressive 60-year warranty. Whether enjoying your morning coffee, entertaining guests, or simply relaxing outdoors, this exceptional outdoor living space is designed to be enjoyed for years to come. The spacious primary suite serves as a private retreat and features a huge, beautifully updated en-suite bathroom, complete with a separate soaking tub and walk-in shower. Recent updates include a new solid-surface double-sink countertop, new faucets, and two heated, lighted mirrors that provide both luxury and functionality. Generous storage and ample space make this primary bathroom a true spa-like sanctuary. The fully remodeled second full bathroom (2025) features a double-sink vanity, beautifully tiled floor, and a tiled shower/tub combination. A heated and lighted mirror makes getting ready for your day a snap, while the Bluetooth-enabled fan/light system allows you to enjoy your favorite music as you prepare for the day or unwind with a relaxing bath. The recently remodeled powder room (2025) features elegant tile flooring, a heated and lighted vanity mirror, and stylish finishes that add both convenience and sophistication for family and guests alike. Additional Highlights: -Oversized 2-car garage with abundant storage space. -Walkout basement offering endless possibilities for future living space, recreation, fitness, or storage. -Recently replaced TimberTech deck with 60-year warranty. -Beautiful stone gas fireplace. -Maintenance-free lifestyle with HOA-provided lawn care and snow removal. -Freshly painted throughout. -New lighting fixtures throughout the main level. -New window treatments throughout the home. -Washer and dryer convey with the property and are less than two years old. -Lifetime residential warranty on Pergo Outlast waterproof flooring. Unique Financing Opportunity: An additional benefit for eligible buyers: the home features a highly desirable 2.25% assumable VA loan, offering qualified veterans a rare opportunity to take advantage of a significantly below-market interest rate and potentially substantial monthly savings. Schedule your private showing today and discover everything this stunning Village of North Ridge home has to offer!
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.
