This charming four-bedroom colonial in the Spring Meadow Estates neighborhood of Ewing Township has everything you could need, wrapped up in a warm, welcoming package. Built in 2003 and set on a lovely 0.26-acre lot, it offers 2,242 square feet of comfortable, move-in-ready living space that's been thoughtfully designed for the way real people actually live. The heart of the home is the open-concept kitchen and family room — a bright, connected space where morning coffee, after-school snacks, and weekend gatherings all happen naturally. The kitchen offers plenty of cabinet space and counter room, plus a cozy breakfast nook that catches the light just right. The adjacent family room, complete with a fireplace, is exactly the kind of spot you'll never want to leave on a winter evening. Formal living and dining areas round out the main level, giving you the flexibility to entertain in style when the occasion calls for it. Day-to-day life gets a little easier here too, thanks to a main-floor laundry room, a handy powder room, and direct garage access — small details that make a big difference. Head upstairs and you'll find a generous primary suite with a full en-suite bath and walk-in closets. Three more spacious bedrooms and a second full bath mean everyone has their own comfortable space. And the full basement? Think of it as a bonus — a clean slate ready to become whatever you need most, whether that's a playroom, home gym, movie room, or extra living space down the road. Outside, the yard has plenty of room to run, play, and relax, all within a friendly, well-established neighborhood that you'll love coming home to. Plus there is no home to the left of the house - it's open space which feels like a giant side yard. Enjoy the perfect blend of peaceful suburban living with easy access to shopping, dining, schools, universities, hospitals, and commuter routes (minutes to Hamilton train station to connect you with greater New York City, as well as the Trenton line to connect you with greater Philadelphia and Amtrak). Come see it for yourself
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.
