Modern Luxury on a Sprawling Acre Step into a masterpiece of modern design in this stunning, fully reimagined 3-bedroom, 2-bathroom home. Spanning over 1,600 sq. ft. of meticulously updated living space, this residence sits on a sprawling corner acre lot, offering unparalleled privacy and serene, lush views. The Heart of the Home The entire home has been revitalized from top to bottom with a crisp, fresh paint palette and brand-new flooring that flows seamlessly throughout. The bright, inviting atmosphere feels like a brand-new build, highlighted by a designer kitchen featuring: Butcher block countertops for a warm, organic feel. Custom tile backsplash that adds a sophisticated touch. An open layout perfect for entertaining and daily living. Your Private Oasis Retreat to the primary suite, a sanctuary designed for ultimate relaxation. The master bath has been transformed into a boutique-hotel experience, boasting exquisite tile upgrades and dramatic marble-inspired walls. For the ultimate indoor-outdoor lifestyle, the master suite offers exclusive access to a private top deck. From here, you can walk down to a secondary deck that provides effortless access to both the front and back yards—perfect for morning coffee or sunset views. Extensive Storage & Workspace This property is a rare find for those who need extra space, offering three distinct levels of utility: Attic: Ample attic space provides convenient, tucked-away storage for seasonal items and more. Garage/Basement: The main home includes a functional garage/basement area equipped with both a pull-down door and a convenient single-door entry. The Shop: A secondary building offering over 1,900 sq. ft. of space. It features a mechanic’s garage with a service pit, a dedicated paint booth, and two additional workspaces—all fully equipped with power and running water. Outdoor Living & Privacy The expansive corner lot provides a vast canvas for gardening, entertaining, or future expansion. With beautiful sightlines and a tranquil backyard, this property feels like a secluded retreat while remaining conveniently located. Don’t miss your chance to own this move-in-ready masterpiece. Schedule your private showing today!
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.
