Welcome to your own private oasis—this beautifully upgraded 4-bedroom, 2.5-bath home with a spacious office showcases a stunning remodeled pool and spa as its centerpiece, all set on a serene lot backing to open space. Inside, you’ll find an open-concept layout and a gorgeous remodeled kitchen with white maple cabinets, granite countertops, tumbled stone backsplash, recessed lighting, and high-end appliances, along with stylish laminate flooring, crown molding, upgraded baseboards, dual-pane windows, and a whole-home water filtration and softener system with reverse osmosis for added comfort and quality. The home has also been thoughtfully updated with PEX piping throughout, adding modern reliability and peace of mind, along with an EV charger for convenient at-home charging. The attic has been completely redone, further enhancing the home’s efficiency and functionality. From the moment you step inside, you’re greeted with warmth, natural light, and a sense of effortless comfort. The expansive office, with elegant French doors opening to the backyard, creates the perfect space to work, create, or unwind, while a second set of French doors off the family room invites in that seamless indoor-outdoor California cabana lifestyle. Step outside and prepare to fall in love. The backyard is nothing short of magical—whether you’re hosting unforgettable gatherings, enjoying peaceful evenings under the covered patio with fans overhead, or taking a dip in the beautifully remodeled pool and spa. The seating area and fire pit set the stage for cozy nights, while the charming playhouse—complete with electricity and AC—sparks imagination and fun. A custom-built shed, potential RV parking, rain gutters, and an updated HVAC system with air purifier add both function and peace of mind. Tucked away in a quiet, private setting with no rear neighbors, low property taxes, and no HOA, this home offers not just incredible features, but a lifestyle you’ll cherish every single day—come experience it for yourself.
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.
