Welcome to this exceptional custom home offering over 4,220 square feet of beautifully designed living space where elegance, warmth, and comfort come together effortlessly. From the moment you step inside, you will appreciate the quality craftsmanship, thoughtful details, and inviting atmosphere that make this home truly special. The heart of the home is the stunning gourmet kitchen, featuring granite countertops, rich 42" white cabinetry, a spacious center island, and a generous breakfast bar-perfect for preparing meals, gathering with loved ones, or enjoying morning coffee. The adjacent breakfast area opens seamlessly to the spectacular 25' x 24' family room, creating a welcoming space for everyday living, holiday celebrations, and memorable moments with family and friends. Designed with flexibility in mind, the main level features a fifth bedroom currently used as a playroom, easily adaptable as a guest room, private office, or space tailored to your lifestyle. A charming first-floor den with hardwood flooring and French doors offers a quiet retreat for work or reading, while the convenient main-floor laundry room enhances daily living. Upstairs, four spacious bedrooms and a comfortable loft provide plenty of room for everyone to relax and unwind. Throughout the home, volume and tray ceilings, custom millwork, elegant moldings, recessed lighting, and beautiful architectural windows add character, sophistication, and an abundance of natural light. The beautifully finished lower level extends the home's incredible living space and includes a full bath and additional bedroom, making it ideal for overnight guests, an in-law arrangement, a recreation area, home theater, fitness space, or the ultimate gathering spot. Step outside and discover your own private backyard oasis featuring a custom-designed patio with multiple seating areas, built-in planters, and professionally landscaped surroundings-perfect for summer entertaining, evening conversations, or simply enjoying the peaceful outdoor setting. Meticulously maintained and truly move-in ready, this remarkable home offers the perfect balance of refined elegance and everyday comfort. With generous spaces to gather, relax, and create lasting memories, this is more than just a house-it is a place you will be proud to call home. Finished basement 2024, Primary Bedroom Entertainment Center with Electric Fireplace 2023. 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.
