Welcome to a beautifully designed single-story home that combines space, function, and lifestyle in one complete package. Featuring 4 spacious bedrooms, 3 full bathrooms, and a thoughtfully designed layout, this home offers the flexibility today’s buyers are looking for including a versatile flex space ideal for a home office, game room, or formal dining. Step into the heart of the home where an open-concept design seamlessly connects the kitchen, family room, and dining area creating the perfect environment for both everyday living and entertaining. The kitchen is a true standout, showcasing granite countertops, a center island, abundant cabinetry, and stainless-steel appliances including a 5-burner Cosmo stove and LG refrigerator. Natural light pours in, enhanced by LED recessed lighting throughout, giving the home a bright and inviting feel. The family room offers a cozy gas fireplace and is pre-wired for surround sound, making it the ideal space to relax or host movie nights. Retreat to the spacious primary suite, complete with an oversized walk-in closet and a spa-inspired en-suite bath featuring dual sinks, a soaking tub, separate shower, and private water closet. Additional highlights include: Updated 5-ton AC unit for year-round comfort, solar system for energy efficiency, large indoor laundry room with ample storage, epoxy-coated garage floors + tandem garage for extra parking/storage, extended driveway with plenty of parking, Custom steel gate with space for small RV, boat, or toys, Power pet door for added convenience. Step outside to your own private backyard retreat designed for both relaxation and entertainment. Enjoy a covered patio, landscaped grounds, and a standout feature: a 52-inch deep above-ground pool, perfect for cooling off on warm days or hosting weekend gatherings. Conveniently located near parks, shopping, and everyday amenities, this home truly checks all the boxes. This isn’t just a home, it’s a lifestyle upgrade.
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.
