VIRTUAL WALKTHROUGH AVAILABE...Let me start off by saying if you wanna be crowded and feel like your neighbor is within sneezing distance. This ain't the house for you. There's nobody behind you your even at the BACK of the SAC. The closest neighbor behind you is almost a quarter mile away. Now... for those of you that like the idea of quiet at night when you want a good night sleep come on in. This home features four large bedrooms, two full bathrooms and a half bathroom with a big two car garage. The homeowner spared no expense when it comes to organization and space to put things away. Please look at all of the descriptions in the photos. You will clearly see how much space the homeowners have created in this home. This home also features a high-end propane chef's oven and stove a FORNO to be more specific. No electric nonsense here. Cooking style. A full-size walk-in pantry a full-size walk-in spice cabinet. A pull out mixing drawer for the true chef that you know you can be. Then as you walk around the home, you will see a touch above everything else in the area all the details have been acknowledged carefully. All of the space has been used wisely and efficiently. Even the backyard feels like it goes on forever. There's a huge concrete pad on the backside of the house perfect for entertaining and cookouts. You could even add on a secondary kitchen potentially. The yard is big enough where you could maybe even put a volleyball court out there. The opportunities are endless. Even when you walk into the garage, you will see there is shelving above and below, giving you that perfect opportunity to finally get organized and you will have no excuse not to. All of the bedrooms are even upstairs so you don't have to worry about when you have guests over having your personal belongings laying around downstairs or somebody walking into a bedroom they're not supposed to. There's a true separation in this home. However, there's still ample amount of space in the first level to have a toy room or a second office or have plenty of space to entertain, even if you have a big family. PLEASE ASK YOUR REALTOR FOR THE virtual walk-through tour that is fully interactive that you should check out. There is also a full Drone walk-through for this property if the fully interactive experience isn't for you use this link here. On top of that I have provided you with an overview video of the home itself IN THE SAME LINK. Once you fall in love with these things do yourself a favor and schedule your appointment so you can experience it in real life. Schedule your showing today and come make this home your very own.
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.
