2738 Creek Road offers a rare opportunity to own a peaceful retreat overlooking beautiful Neshaminy Creek. Lovingly nicknamed “the treehouse” by its owners, this 3-bedroom home is surrounded by mature trees and natural beauty, creating a setting that feels tucked away from it all while still conveniently located in Bucks County. Inside, the home blends warmth, character, and thoughtful improvements made over the years. The refreshed kitchen creates a more open and inviting feel, while easy access to the porch makes indoor and outdoor living flow seamlessly during the warmer months. In the winter, the wood stove becomes the heart of the home, adding both charm and cozy comfort. The lower level offers flexible living space that has served as a music room, movie room, and guest area over the years — giving the next owner plenty of options to make it their own. Everyday functionality was also thoughtfully enhanced with improvements to spaces like the laundry room. Outside is where this property truly shines. In the spring, the hillside comes alive with blooming bluebells, while the peaceful creekside setting offers a feeling of escape rarely found this close to everyday conveniences. Located directly across from Neshaminy Swim Club, the property combines privacy, scenery, and accessibility in a truly special way. The primary bathroom remains ready for your personal vision and finishing touches, including a brand-new toilet ready for installation. If you’ve been searching for a home filled with character, natural beauty, and endless potential, 2738 Creek Road is one you won’t want to miss. Home is being sold "As Is".
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.
