Tucked away on 4.5 peaceful acres and surrounded by mature trees, 276 Deerhaven Rd offers the perfect blend of privacy, comfort, and modern updates. This beautifully updated ranch-style home is designed for both everyday living and entertaining, with inviting spaces and thoughtful improvements throughout. Step inside to a spacious, functional entryway ideal for keeping busy family life organized. Beyond, the home opens into a spacious living space filled with natural light. At the center of it all is the functional kitchen, featuring new appliances and a seamless flow into the surrounding living areas. Enjoy an open-concept dining space, a formal living room or library, and a cozy family room with French doors leading to a new Trex deck (2025) — perfect for dining outdoors or relaxing among the trees. The kitchen also offers direct deck access, making indoor-outdoor living effortless. The main level continues with a full hall bathroom, a secondary bedroom, and a spacious primary suite complete with a walk-in closet and private en suite bath. The fully renovated lower level (2026) expands the home’s living space with a large recreation room featuring custom built-ins and walk-out access to the lower deck and backyard. The newly expanded bathroom showcases a double vanity and luxurious dual-head shower. This level also includes two additional bedrooms, a versatile den, and a brand-new laundry room (2026). An unfinished utility and storage area provides plenty of extra space for seasonal items and hobbies. Outside, the property is equally impressive. A long circular driveway and parking pad provide abundant parking, while a nearby storage shed offers convenient space for tools and outdoor gear. For nature lovers, a private walking trail winds through the woods behind the home, leading to a tranquil creek — a rare and special retreat right in your own backyard. Welcome to Deerhaven Road!
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.
