Better than new—this stunning 1.5-story home offers all the upgrades and features of the display home and more! From the moment you arrive on a premium cul-de-sac lot with a 3-car garage, you’ll notice the quality and attention to detail that make this home stand out. Step inside to a bright, spacious main level updated with 9-ft ceilings throughout and soaring 11-ft ceilings in the Kitchen, Breakfast Room, & Great Room. Luxury vinyl plank flooring runs through the living area, complemented by recessed lighting for a clean, modern feel. The kitchen is a showstopper with upgraded 42” white cabinetry, sleek black hardware, a large island with breakfast bar, stainless steel appliances, a convenient coffee bar, and a walk-in pantry—perfect for everyday living and entertaining. The Dining Room features doors installed and can easily be used as a home office or flex space. Retreat to the spacious primary bedroom with an ensuite luxury bath, including a separate tub and shower, double vanities, and a generous walk-in closet for ultimate comfort and convenience. Upstairs, you’ll find three additional bedrooms and two full bathrooms, including an ensuite in Bedroom 4—ideal for family, guests, or multi-generational living. Downstairs, the lower level was professionally finished and offers a full bathroom, a bedroom, a rec room, and a wet/dry bar—plus plenty of storage space to keep everything organized. Outside, enjoy the beautifully finished backyard with a covered patio and an additional patio with retaining wall—an ideal setup for relaxing, grilling, and hosting. This is the one—move in and start living your best life. Book your private showing today!
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.
