Welcome to your private four-acre retreat in the Emerald Lake subdivision — a beautifully maintained, custom cedar-sided home designed for peaceful one-level living, exceptional functionality, and relaxed outdoor enjoyment. This inviting two-bedroom, two-bath residence offers the perfect blend of rustic charm, thoughtful upgrades, and modern comfort, all tucked into a serene natural setting that feels both secluded and connected. From the moment you arrive, the concrete driveway, gravel parking apron, and underground utilities set the tone for quality and convenience. A complete RV hookup in the backyard includes a separate driveway and a septic system sized for a three-bedroom home, easily accommodating RV use or future expansion. Whether you’re welcoming guests, traveling in comfort, or envisioning multi-use living, this property delivers rare versatility. Inside, the open great room is warm and welcoming, anchored by a propane fireplace and filled with soft, efficient light from LED fixtures throughout. Routine maintenance has been performed by trained HVAC professionals, ensuring reliable comfort year-round with a propane furnace system you can depend on. An oversized mudroom with laundry area adds everyday practicality, while a whole-house water filtration system provides clean, refreshing water throughout the home. The kitchen is a standout, featuring beautiful quartz countertops, a tile backsplash, and newer KitchenAid refrigerator and dishwasher — a perfect blend of style and performance for everyday living or entertaining. The primary suite offers a peaceful escape with a large walk-in closet and elegant tray ceiling. The spa-inspired primary bath includes a custom shower, dual sinks, a solar tube for natural light, and a lighted tray ceiling. The second bedroom and bath are thoughtfully designed for guests or flexible living space. Outdoor living is effortless and inviting. A covered breezeway connects the home to the garage, while a screened back porch and two separate open decks provide multiple spaces to relax, dine, or enjoy the surrounding acreage. A 10' x 16' storage shed adds additional space for tools, toys, or seasonal storage. The 24' x 26' two-car garage is fully insulated, drywalled, and includes a full attic, offering ample space for vehicles, hobbies, or future projects. Every element of this home reflects care, craftsmanship, and pride of ownership. As part of the Emerald Lake subdivision, residents enjoy access to a community area featuring a gazebo, barbecue, and a large pond for fishing and kayaking — enhancing the lifestyle appeal of this already exceptional property. Whether you’re seeking a full-time residence, a recreational escape, or a property that supports RV living and outdoor adventure, this cedar-sided retreat offers privacy, functionality, and enduring comfort in a beautiful natural setting. Thoughtfully designed and meticulously maintained, it’s a place to slow down, breathe deeply, and truly enjoy the rhythm of country living.
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.
