If you’ve been looking for space, privacy, and a home that’s actually fun to live in—this one delivers all that and more! Sitting at the back of a quiet country cul de sac on just over 6 acres, this 5-bedroom, 3-bath home offers 3700 square feet of room to spread out, entertain, and enjoy the outdoors. Inside, the open-concept layout makes everyday living easy. The living room steals the show with a custom vaulted wood ceiling that makes the whole space feel warm and inviting. The kitchen is just as impressive with custom cabinets, marble countertops, a farmhouse sink with a huge picture window overlooking the backyard, high end gas range with double oven, and a large center island with pull-out drawers (because who doesn’t love smart storage?). There’s also a walk-in butler’s pantry that gives you all the extra space you didn’t know you needed and a spacious dining area. Gorgeous hand-scraped hardwood floors run throughout the main level, adding just the right amount of character and class. You’ll also find a dedicated office space on the main level—perfect for working from home, managing life, or even just a quiet reading space. The primary suite feels like a relaxing getaway of its own with vaulted ceilings featuring a beautiful chandelier, a walk-in closet, and a bathroom featuring a custom marble walk-in shower and a stunning double vanity. Two spacious guest bedrooms and a full bath with double vanity round out the main level. Downstairs, the fully finished walkout basement is ready for whatever you’re into—movie nights, game nights, workouts, or hosting friends and family. You’ll find a big family room, game area, fitness space, wet bar, plus the fifth bedroom and another full bath. There’s even a large storm shelter with built-in storage to give you peace of mind during Missouri storms. Step outside through the primary suite or the dining area french doors and it only gets better. The main level deck runs nearly the full length of the house and includes custom steel railings, an incredible covered area with a wood vaulted ceiling, ceiling fan and can lighting and a TV—perfect for relaxing, entertaining or watching the big game. Down below, the covered patio is set up for year-round enjoyment with a 6 person hot tub, TV, and plenty of space to hang out and watch the family of deer that often stop by, or the kids swinging on the tree swing. Need room for toys or projects? You’ve got an attached 2-car garage, a 30x32 detached shop with 10’ doors and 12’ walls, plus two 18x41 carports for your RV, boat, or both. The circle drive to the front door makes coming and going easy, and the beautiful park-like setting features mature oak, cedar and hickory trees, a 12x24 above-ground pool with a nice composite decking surround, a large fire pit area, and trails that cut through the woods for walking or riding your ATV. PLUS the practical stuff is covered too! There is a water softener, new 80-gallon water heater, a newer 40 year architectural shingle roof, newer septic system and an IAQ 3000 HVAC system with a polarized media cleaner, FM-2 air purifier, and whole-house humidifier. If you’ve been dreaming of a place where your family can spread out, make the most amazing memories, and enjoy both the indoors and outdoors year-round—this is the one that checks all the boxes! Schedule YOUR showing TODAY before this one is 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.
