Hard-to-find 4-bedroom home on a ½-acre lot in the heart of Grove City offering 2 full baths and 2 half baths with a flexible layout and numerous recent updates. The entry-level bedroom with half bath is ideal for a home office, guest suite, or in-law space. Updated laminate flooring runs throughout most of the main level. The spacious great room features crown molding, wainscoting recessed lighting, and abundant natural light. The kitchen offers ceramic tile flooring, updated stainless appliances, ample cabinet and counter space, and a spacious eat-in area. A family room with wood burning fireplace provides an additional main-level living space along with entry-level laundry and a second half bath. Upstairs you'll find the primary suite with a fully updated private bathroom along with additional spacious bedrooms. The basement offers abundant storage and a finished area perfect for a recreation room, man cave, or play space. Recent updates include fresh paint throughout, updated interior doors and hardware, added attic insulation, new furnace (2025), new water heater (2024), and all new high-efficiency toilets. Outdoor living shines with an 800 sq. ft. paver patio with fire pit overlooking the large fenced backyard lined with mature trees at the rear and backing to Mulberry Run Creek, creating a great space for entertaining or relaxing. Located within walking distance of Grove City High School and just minutes from shopping and dining along Stringtown Road with easy access to Buckeye Parkway and Interstate 71. Rare opportunity to own a 4-bedroom home with entry-level bedroom space on a half-acre lot in Grove City.
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.