Don't miss your chance to own this incredible home with breathtaking mountain and valley views! From the moment you arrive, you’ll fall in love with the inviting covered front porch—perfect for sipping your morning coffee or relaxing in the evening. Inside, the bright and airy front room overlooks the yard, making it an ideal spot for a home office or a cozy reading nook. Toward the back of the house, you’ll find a spacious, light-filled great room that flows effortlessly into a stunning kitchen. It features granite countertops, rich dark cabinets, stainless steel appliances, a farmhouse sink, a large pantry (plus extra storage under the stairs), and a generous island that’s great for prepping or entertaining. The dining area sits just off the kitchen, offering the perfect space to gather with family and friends—all while soaking in those incredible views. The oversized great room includes a charming nook and large windows that really showcase the scenic surroundings. Plantation shutters throughout the home add a touch of style and privacy. Step outside and you'll find your own private backyard paradise—an entertainer's dream! Take a dip in the custom PebbleTec pool and spa by Premier Pools, complete with dramatic water and fire bowls and remote-controlled lighting. The backyard also features a island with stone countertop and room for chaise and chair lounges and grilling equipment—perfect for hosting unforgettable gatherings. There’s plenty of seating space so you and your guests can relax and take in the panoramic views. As a bonus, you'll have access to The Club at Five Knolls, which includes a resort-style pool, lounge chairs, umbrellas, cabanas, BBQ grills, and indoor event rooms. Plus, Golden Valley Park sits at the community entrance and offers a playground, grassy areas, a dog park, basketball court, covered picnic space, and clean restrooms. This home truly has it all. Come see it for yourself—and make it yours before someone else does!
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.
