This stunning Springbrook ranch is perfectly nestled in the highly sought-after Carriage community within the Bethel School District. Designed for convenience and everyday living, everything you need is on the main level—including the owner’s suite and laundry room—plus a rare 3-car side-entry garage and a beautifully finished basement offering even more flexible living space. Step inside to discover 9-foot ceilings, beautiful flooring, and a bright, open layout where the kitchen flows seamlessly into the living room and morning room, creating the heart of the home. The kitchen is a chef’s delight with 42" cabinetry, granite countertops, stainless steel appliances, and a bar area perfect for casual dining or entertaining. The sun-filled morning room invites you to start each day with warmth and natural light, while the living room’s floor-to-ceiling stacked-stone gas fireplace provides the perfect backdrop for cozy evenings or festive holiday gatherings. A formal dining room or flex space adds versatility—ideal for a home office, playroom, or sitting area, depending on your needs. The primary suite is a peaceful retreat featuring a tray ceiling, spa-inspired bath with a soaking tub, separate glass-door shower, dual vanities with ample storage, and a walk-in closet designed for organization and style. Guests will appreciate the conveniently located half bath and the main-floor laundry complete with sink and cabinetry for added convenience. Downstairs, the finished basement expands your living options with a spacious recreation room, third full bath, and a bonus room that could serve as a 4th bedroom, guest suite, or craft and gaming area, along with abundant unfinished storage. Outdoors, enjoy a professionally landscaped yard, deck for grilling and relaxing, and a low-maintenance vinyl fence, perfect for kids or pets to play worry-free. This home truly blends functionality, warmth, and charm—a rare find that’s move-in ready and waiting to welcome you home.
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.
