Flawless Pool Home in Gated Magnolia Manor—where space, style, and privacy come together on nearly half an acre (.49 acres).This stunning 3-bedroom + Den, 3-bath residence with a 3-car garage checks every box, starting with a BRAND NEW roof and a layout designed to live beautifully. Step inside to a light-filled living room anchored by a cozy fireplace—perfect for relaxed nights in or effortless entertaining. The kitchen is equal parts chic and functional with stone countertops, a stylish backsplash, abundant cabinet and prep space, and stainless-steel appliances ready for weeknight dinners or weekend hosting. A smart split-bedroom design creates breathing room for everyone, while the dedicated den makes an ideal home office, studio, or flex space. Elevated finishes are found throughout: crown molding, updated fixtures, Southern Styled Colonial shutters, custom shades, and a sliding glass door with a remote-control shade for on-demand privacy. The inside laundry room is dialed-in with built-in cabinetry to keep life organized. The spacious primary suite feels like a private retreat—complete with pool access, a walk-in closet, and a spa-inspired bath featuring lighted vanity mirrors, dual sinks, granite, a garden tub, and a walk-in tile shower. A standout third bedroom offers a walk-in closet and a private en-suite bath with dual sinks plus a walk-in tile shower and tub—an ideal setup for extended stays or guests who appreciate their own space. Outside is the main event: a screened-in pool with a relaxing hot tub, a convenient pool bath, a grilling patio made for weekend get-togethers, and a cozy fire pit for crisp evenings under the stars. Lush landscaping, updated irrigation, and a fully fenced yard deliver the privacy and peace everyone wants—plus beautiful sunset views right from the backyard. Rarely does a home offer this much—gated community, generous lot, thoughtful upgrades, and a resort-style outdoor setup—all in one polished package. Don’t let this Magnolia Manor gem slip away!
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.
