***Highest & Best Due 3/31 at 5PM*** at Commanding an elevated position at the top of the hill in the Saucon Valley School District, this two-story Victorian-style home sits on a 2.1-Acre lot offering an ideal blend of modern efficiency and versatile space. This is a premier find for a buyer seeking a classic silhouette paired with a functional interior and ample room for nature views, privacy, and serious hobbyist pursuits. The interior flow begins with an Open Foyer leading into a functional Center Hallway that anchors the Main Level. To one side sits the spacious Living Room, a bright haven where plants thrive. This room features a cozy Propane Fireplace with a Gorgeous Mantel and Double Doors that open directly to the Front Porch for a seamless connection to the hillside. The heart of the home is the expansive Family Room, where awesome Skylights flood the space with natural light and a Pellet Stove grounds the room as an efficient supplemental heat source. Adjacent to this area, the Kitchen is neutral and functional, equipped with a Center Island and a peaceful view from the sink overlooking the back of the property. The Upper Level opens to a center landing reading nook and opens to all bedrooms. The Peaceful Primary Bedroom Suite serves as a true retreat, featuring an Ensuite Full Bathroom with a soaking tub, a separate shower, a double bowl vanity, and a generous Walk-in Closet. Two additional well-appointed Bedrooms and a Full Hall Bathroom complete the second floor, maintaining a bright and intuitive footprint throughout. For those requiring substantial workspace, the utility of this property is a standout feature. The Massive Lower Level provides an entire level of blank canvas with built-in shelving, ready to be finished into a Rec Room or kept as a high-utility zone. This level also features a convenient staired walkout leading directly into the attached 2 Car Garage. Beyond the main house, the grounds include an Oversized Detached Barn with a 1 Car Garage and ample additional square footage for a workshop, crafting studio, or equipment storage. Occupying a prominent hilltop position, the home offers plenty of room to breathe on its 2.1-Acre lot. Despite the quiet setting, the location is exceptionally convenient, offering direct access to Route 78 for an easy commute and proximity to the premier shopping, dining, and community events of Saucon Valley. This is the ultimate opportunity to bring your vision to a property with limitless potential.
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.
