Location!!! This spacious, move-in-ready home offers nearly 3,700 SF of living space with 4 BR, 3 bathrooms, a versatile loft, and an oversized 2-car garage. Thoughtfully maintained and freshly updated, it’s ready for its next owner. A covered front porch welcomes you at the entry, leading into an open-concept main level featuring a gas fireplace separating the dining and living areas and flowing seamlessly into a generous kitchen with a new farmhouse sink, Bosch stainless steel appliances, and a walkout to an extended concrete patio—perfect for everyday living and entertaining. Upstairs, the owner’s suite serves as a true retreat with a luxurious 5-piece bathroom including a double vanity, soaking tub, shower, and custom walk-in closet system. Three additional bedrooms share a full bathroom, and a large loft provides plenty of flexible space for work, play, or guests. The unfinished basement offers abundant storage and a fantastic opportunity to customize additional living space, with rough-ins already in place for a future bathroom. Outside, the property is beautifully landscaped with xeriscaping, a lush lawn, and low-maintenance trees and shrubs. Situated on a fenced lot adjacent to HOA-maintained open space, the home provides enhanced privacy, while a neighborhood park sits just across the street. Aspen Park and The Meadows Community School are nearby, and commuters will appreciate easy access to the N-Line for quick downtown travel. Recent 2025 updates include new gutters, a new concrete driveway, fresh interior paint, and new carpet and LVP flooring throughout. The roof has been inspected and is in good condition, and the HVAC system has been recently serviced and well maintained. Additional features include surround sound speakers, ADT security connection, a Kenmore Elite washer and dryer with pedestals, and some home gym equipment. This home shows like new and offers the perfect balance of comfort, convenience, and value. Schedule 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.
