Your Perfect Home Awaits in Valley Green Welcome to this beautifully maintained bi-level home, nestled in the sought-after Valley Green subdivision. Offering a harmonious blend of comfort, style, and functionality, this property is the perfect backdrop for creating lasting memories. With 1,630 square feet of thoughtfully designed living space, this home features three generously sized bedrooms and two full bathrooms, providing ample room for relaxation and privacy. The warm and inviting interior boasts a formal dining room that’s perfect for hosting unforgettable gatherings, while the spacious living area, complete with a cozy wood stove, invites you to unwind and enjoy quiet evenings at home. Step outside to your private retreat—a large deck overlooking an expansive 0.44-acre lot. Whether you're sipping your morning coffee, watching the sunset, or entertaining guests, this outdoor space is sure to become a favorite spot. The yard offers endless possibilities for gardening, outdoor activities, or simply enjoying the serenity of your surroundings. Practicality meets potential with a full basement, ready to be transformed into additional living space, a home gym, or a recreation area to suit your needs. The attached garage and paved driveway provide convenience and ample parking for you and your guests. This home is more than just a place to live—it’s a sanctuary where every detail has been designed to enhance your lifestyle. From its charming curb appeal to its spacious and functional layout, this property truly has it all. Don’t miss the opportunity to make this exceptional home in Valley Green your own. Schedule a private tour today and see firsthand how this inviting residence can be the perfect fit for you!
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.
