This beautifully updated end unit townhome offers three finished levels designed for comfort, style, and flexibility. Numerous upgrades throughout the home add comfort and peace of mind, beginning with a bright and spacious living room where multiple windows fill the space with natural light, a cozy fireplace anchors the room, and a sliding glass door opens to the upper deck for effortless indoor outdoor living. The living room flows seamlessly into the dining room, highlighted by classic chair railing and a thoughtfully designed pass-through window to the kitchen. The kitchen blends style and function with granite countertops, stainless steel appliances, a pantry, and a versatile built-in bar that works equally well as a breakfast bar, coffee station, or additional prep space. Upstairs, the primary bedroom serves as a true retreat with a vaulted ceiling, a walk in closet, and a private en suite bath featuring a soaking tub and separate shower. A staircase within the primary suite leads to a loft area, offering the perfect spot for a home office, reading nook, or workout space. Two additional bedrooms and a full bath complete the upper level. The fully finished lower level expands the living space with a comfortable family room and sliding glass door to the lower deck and fenced backyard, creating another inviting outdoor escape. This level also includes a full bath, laundry room, and direct access to the garage. Recent improvements include updated kitchen appliances and garage door opener, new AC unit, new water heater, new carpet, luxury vinyl plank flooring on the lower level, new kitchen tile, new tile in the hall bath and primary bath, new toilets in all bathrooms, and fresh paint throughout approximately 80 percent of the home. Exterior updates include pressure washed decks treated, replaced exterior wood trim, and newly sanded and repainted railings. Located in the Walden community, residents enjoy access to amenities such as an inground pool, tennis courts, walking trails, and proximity to the prestigious Walden Country Club. With its thoughtful updates, versatile living spaces, and access to exceptional community amenities, this home delivers a lifestyle that feels both convenient and elevated.
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.
