Welcome to your own private retreat tucked away in the peaceful Greenridge community. Set on over 1 acre surrounded by mature trees and nature, this beautifully maintained raised rambler offers the perfect blend of comfort, space, and tranquility — all with no HOA. Imagine starting your mornings with a cup of coffee while listening to the birds chirping and taking in the peaceful views. Evenings are just as special here, whether you’re relaxing on the spacious rear deck watching wildlife wander through the trees, hosting summer barbecues with friends, or simply unwinding under the stars after a long day. Inside, the home offers warm, inviting spaces designed for both everyday living and entertaining. The upper-level living room welcomes you with a cozy wood-burning fireplace — perfect for chilly evenings spent curled up with a blanket and your favorite movie. The upgraded kitchen offers modern finishes, ample counter space, and flows beautifully into the formal dining area, creating an ideal setting for holiday dinners and family gatherings. The primary suite provides a peaceful escape at the end of the day with its beautifully updated bath, while the additional bedrooms offer flexibility for guests, family, or a home office. Downstairs, the expansive rec room with a second wood-burning fireplace creates the ultimate cozy hangout space for game nights, watching football, or relaxing with loved ones. There is a 4th bedroom with connecting full bath perfect for guests or a teen suite. Outside, the oversized garage with a workbench and storage shelves is perfect for hobbies, projects, or extra storage, while the large shed and paved driveway provide even more convenience. With a roof and windows only 11 years old, brand-new washer and dryer, updated bathrooms and a beautifully wooded setting that feels like a getaway every day, this home truly offers the lifestyle so many buyers are searching for. Come experience the peaceful charm of Greenridge and picture yourself calling this special property home.
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.
