Welcome to 335 Park Haven Lane, a stunning River Crest home built by renowned builder John Wieland Homes and Neighborhoods, where timeless design meets everyday functionality in one of Tyrone's most desirable communities. This beautifully maintained 5-bedroom, 4-bath residence greets you with an inviting layout designed for both comfort and connection. Just off the entry, you'll find a versatile office or flex space, perfectly positioned across from a formal dining room ready to host your next gathering. As you move into the heart of the home, you're welcomed by an open-concept living area featuring a spacious kitchen with an eat-in area that flows seamlessly into the family room, complete with well-appointed built-in bookshelves. This is the kind of space where everyday living and entertaining come together effortlessly. Tucked away on the main level is a private bedroom and a full bath with a spacious shower, ideal for guests or multigenerational living. Upstairs, the home continues to impress. A large media room or flex space offers endless possibilities, from movie nights to a home gym or playroom. Two secondary bedrooms share a thoughtfully designed bathroom with added privacy, while an additional bedroom features its own private ensuite. Closet space throughout is abundant, giving everyone room to breathe and stay organized. The Owner's Suite is a true retreat, filled with natural light and complemented by a spa-like bathroom that creates the perfect place to unwind at the end of the day. Step outside to enjoy a spacious backyard and patio, perfect for cookouts, celebrations, or simply relaxing and enjoying the peaceful surroundings. 335 Park Haven Lane is more than just a home, it's a lifestyle. Located in a community known for its charm, convenience, and sense of connection, this one is truly a gem ready to welcome its next owners.
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.
