SELLER HAS GRACIOUSLY BOUGHT A RATE BUY DOWN TO 5.25%. Tucked at the end of a peaceful cul-de-sac, 3018 Langston Place delivers elegance, comfort, and function with thoughtful touches and top-of-the-line finishes throughout. This exceptional home features 4 spacious bedrooms, 4 full bathrooms, a flex room/5th bedroom option, and a layout designed to embrace both everyday living and stylish entertaining. From the moment you arrive, you’re greeted by the charm of a rocking chair front porch, the perfect place to sip morning coffee or greet neighbors with a smile. Situated on a meticulously landscaped lot, the home offers an incredible covered back deck that overlooks a lush, park-like backyard enclosed by a privacy fence—your own private oasis for relaxation, play, or hosting unforgettable gatherings. Step inside to be wowed by the seamless flow of luxury LVP flooring that runs throughout the home, blending durability with the timeless elegance of hardwood aesthetics. Every corner of this home reflects thoughtful design and high-end craftsmanship.Whether you're preparing weeknight meals or entertaining a crowd, this designer kitchen is sure to impress: Double ovens for effortless multitasking An oversized refrigerator that keeps everything organized and within reach 6-burner gas cooktop for professional-grade performance. Stylish farmhouse sink with a bold touch of modern farmhouse charm. Stunning quartz countertops with ample prep space. A generously sized walk-in pantry to keep everything tucked away yet accessible.Open to the living and dining areas, this kitchen serves as the heart of the home, inviting connection and conversation. Escape to the tranquility of the primary bedroom, thoughtfully designed for rest and renewal. You'll love the:Spacious layout with a cozy sitting area—ideal for a private reading nook or morning coffee spot. Walk-in closet for excellent storage Luxurious en suite bathroom featuring his-and-hers vanities
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.
