Welcome to 2679 N Bender Ave in Akron—a truly charming home nestled in the desirable Portage Lakes area, offering warmth, character, and lovely updates that make it perfect for comfortable family living. As you arrive, you’re welcomed into a bright and inviting foyer with beautiful wood flooring and abundant natural light. The space flows seamlessly into the living and dining rooms, creating an open and airy feel that’s ideal for everyday living. The living room is anchored by a classic brick fireplace, adding a cozy focal point, while the dining room shines with built-ins, a stylish light fixture, and sun-filled windows. Just off the dining room, you’ll find a convenient main-floor bedroom featuring wood flooring and its own private half bath. The spacious kitchen is both functional and beautifully updated, showcasing newer appliances, durable LVP flooring, a subway tile backsplash, and easy access to the back deck for effortless indoor-outdoor living. Upstairs, the home continues to impress with two additional bedrooms, including a generously sized primary retreat. A tastefully updated full bathroom completes the second floor. The full basement provides even more versatility, featuring a finished bonus room ideal for a playroom, home gym, or media space, along with an unfinished laundry and utility area that offers ample storage. Step outside to enjoy the fully fenced backyard—perfect for kids, pets, and entertaining—complete with a deck, patio, and a detached 2-car garage. This amazing, lovely home blends classic charm with thoughtful updates in a peaceful setting, making it a wonderful place to call 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.
