Better than new in Mahogany Hills, this single-story POOL home is the definition of model-perfect living. Immaculate, thoughtfully upgraded, and maintained with exceptional care, it offers a level of quality and presentation rarely found on the market. From the moment you arrive, the elegant front entry and striking custom door set an elevated tone. Inside, an open and airy layout unfolds—enhanced by upgraded tile flooring, 9-foot ceilings, and abundant natural light that accentuates the home’s seamless flow. Just off the foyer, a private en-suite bedroom with custom closet cabinetry provides an ideal retreat for guests or multi-generational living. A formal dining room sits adjacent, perfectly positioned for effortless entertaining. The heart of the home is the expansive family room, anchored by beautifully crafted built-in bookshelves and an entertainment center. This space opens seamlessly to the oversized kitchen and casual dining area, creating a true great-room experience. Designed for both style and function, the kitchen features a generous center island, extensive cabinetry, abundant counter space, a premium appliance package, and a butler’s pantry with wine fridge. A sliding door off the dining area extends the living space outdoors, enhancing the home’s indoor-outdoor lifestyle. Privately tucked away, the primary suite offers a serene escape—featuring a spacious walk-in closet with custom cabinetry and a beautifully finished bath. Three additional bedrooms are thoughtfully separated, providing comfort and flexibility for family or guests. A versatile office includes a custom built-in Murphy bed, ideal for work-from-home living or guest accommodations. Energy-efficient upgrades include leased solar, a tankless water heater, and a Puronics water filtration system. Step outside to the backyard that truly sets this home apart—a private pool, an exceptionally rare find in a single-story home within this community. Designed for relaxation and entertaining, the outdoor space features newly completed landscaping with premium $10K water-saving turf and a layout that encourages effortless indoor-outdoor enjoyment. Additional highlights include a 3-car tandem garage, offering valuable space for storage, a workshop, or extra parking. Located in the highly desirable Mahogany Hills community—known for its beautiful parks, miles of walking trails, mountain views, and low HOA fees—this home is not only move-in ready, it is truly exceptional in every way.
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.
