Welcome to 307 Valley Road in Havertown—a warm and inviting brick home nestled on a charming tree-lined street in a highly sought-after neighborhood. This beautifully maintained 3-bedroom, 2 full bath home offers the perfect blend of classic character and thoughtful modern updates, all within close proximity to award-winning schools, shopping, restaurants, and cozy coffee cafés. The property is also close to numerous parks, the Grange Estate, and a short distance to Brookline Blvd which hosts numerous events during the year, including Haverford Township Day. Step inside to a freshly updated first floor, where the expanded kitchen, living room, and four-season sunroom were all professionally painted in 2025 using high-quality Benjamin Moore paint. The kitchen has been tastefully refreshed with new cabinet drawer fronts, a new sink, updated lighting, a stylish backsplash (stone composite), and durable porcelain tile flooring. The countertops have been treated with food-safe OAMO oil, and a water filtration system (installed in 2020 and maintained annually) services both the sink and refrigerator. Natural light pours through picturesque windows in the living and dining areas, creating a bright and welcoming atmosphere throughout the home. The four-season sunroom, just off the living room, features elegant luxury LVF herringbone flooring—perfect for relaxing year-round. The fully finished walk-out basement (completed in 2026) expands your living space with a comfortable family room, also featuring luxury LVF herringbone flooring. A full bathroom with Sorrento ceramic tile walls adds both style and convenience. The walk-out access leads directly to the backyard, making it easy to enjoy outdoor living, while the mudroom/laundry area provides practical everyday functionality. Additional interior highlights include ample storage throughout, a cozy gas insert fireplace, tankless gas water heater (2023), expanded electrical panel with room for future upgrades, and a separate meter ready for an EV charger. The home is also equipped with central air, a French drain system with three sump pumps (including battery backup), and a backflow valve for added peace of mind. Outside, the large rear yard offers a private, nature-filled retreat with mature trees and thoughtfully designed landscaping. Enjoy seasonal beauty with peony, azalea, tulip, and lilac black walnut plantings. The property also features 12V automatic landscape lighting, a beautiful stone patio for entertaining, a shed with electricity, raised garden beds, a playhouse, and even a cord of wood ready for use. This lovingly cared-for home combines comfort, functionality, and charm in a prime Havertown location—ready for its next owner to move right in and enjoy. The previous owners and current owners called this home her "jewelry box".
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.
