BETTER THAN NEW WITH PRIVATE FENCED YARD & DESIGNER UPGRADES | BUILT 2023 | 3-BED | 2.5 BATH | 1634 SQ FT | 1-CAR GARAGE ***SELLER IS OFFERING $5,000 TOWARDS CLOSING COSTS OR TO BUY DOWN YOUR RATE...THAT'S REAL MONEY BACK IN YOUR POCKET AT THE CLOSING TABLE OR A LOWER MONTHLY PAYMENT FROM DAY ONE*** Why settle for a stark, builder-white unit when you can own the most upgraded townhome in the Townes at Darlington? This home is a finished sanctuary, offering a level of privacy and detail that the neighboring base models simply don't have. Skip the $15,000+ project and the wait times, this home features a fully fenced backyard with a vinyl privacy fence, a rare and premium addition to this community. Complemented by front and back landscaping, this is a true private oasis for pets and outdoor living. Forget the standard builder palette. This home has been thoughtfully transformed with: New Paint Throughout: A fresh, modern interior that trades cold builder-white for a warm, inviting atmosphere. Kitchen Upgrades: Brand-new refrigerator, upgraded modern faucet, and granite countertops. Primary Suite Retreat: The master bath has been elevated with premium glass shower doors for a sleek, spa-like feel. Detailed Finishes: New designer dining light fixture and updated fixtures throughout that set this unit apart. With 1,634 sq. ft. of open-concept living, this 2023-built, 3-bed/2.5-bath home includes a versatile upstairs loft — perfect for a home office, playroom, or media center. High ceilings, abundant natural light, stainless steel appliances, a convenient upstairs laundry area, hurricane shutters, a 1-car garage, and low HOA fees round out this incredible package. Don't buy a project, buy a finished lifestyle. Schedule your private tour today — the highest-value unit in Holiday won't last long. Welcome home.
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.
