Welcome home to the privacy and space you've been searching for. Tucked away on a quiet private street where every neighbor enjoys their own sprawling lot, 273 Fireside Trail delivers the rare combination of a fully renovated, move-in-ready home with the elbow room and freedom that no HOA and wide open surroundings can offer. Step inside and feel the difference immediately. The open living and kitchen area is anchored by soaring vaulted ceilings that give the space a grand, airy feel, while brand new hardwood floors stretch underfoot and all-new windows flood the room with natural light. The kitchen has been completely transformed with new cabinetry, new countertops, and brand new appliances — whether you're meal prepping on a Tuesday or hosting on a Saturday, this kitchen is ready for it. The open flow between living, dining, and kitchen makes everyday life easy and entertaining effortless. The primary suite is a true sanctuary. New LVP flooring, a custom built-in closet, and a spa-like en suite bath featuring beautiful tile floors, a deep soaking tub, a separate shower, and a private water closet make this the retreat you've been dreaming of. Two additional bedrooms also feature new LVP flooring and offer comfortable space for family, guests, or a home office. Ample storage throughout the home means everything has a place and nothing feels cramped. Outside, over an acre of land opens up a world of possibilities. Bring your chickens, your garden plans, your ATVs, or simply enjoy the peace and quiet that comes with having room to breathe. A brand new driveway leads to the attached 2-car garage, and with well and septic already in place, you'll enjoy no monthly water or sewer utility bills. All-new windows and doors throughout round out a renovation that truly leaves nothing untouched. No HOA. No restrictions. No renovation headaches. Just a turnkey home with land, privacy, and room to make it completely yours. Properties like this don't last — 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.
