Welcome to Williams Creek! Sun-filled rooms, soaring ceilings, & a freshly updated vibe from the moment you step inside! Gleaming new wood floors on the main level, brand new carpet upstairs, & a cozy fireplace that invites you to unwind! Open & bright kitchen/dining/great room combo perfect for everyday living & easy entertaining! The kitchen shines w. granite counters (installed approx. 3 years ago), a glass tile backsplash that sparkles, crisp white & gray shaker cabinetry, all-new appliances, updated fixtures, & great prep/storage space! Throughout the home you'll find newer paint upstairs & all-new fixtures/lighting that tie everything together in a clean, modern palette. The hallway/guest bath feels brand new--fresh floors, painted vanity, updated mirror & faucet--while the main-level half bath is refreshed too! Retreat to the primary suite where a sleek new clear glass shower door elevates the feel. Down a half-flight, a flexible bonus bedroom anchors a quiet corner for guests, a home office, or a workout room near the laundry! The lower level remains unfinished yet full of promise--already plumbed/rough-in for a future full bath--so you can add living space on your timeline! Mechanicals: solid, efficient comfort from trusted brands--gas systems by Carrier & Kenmore--plus an electric panel that's easy to access. Washer & dryer can stay, making move-in a breeze! Wake to soft morning light, share weeknight dinners where everyone can gather around the island-height prep zone, then curl up fireside for movie night. Weekends call for lingering brunches, game-day spreads, & laughter that carries from the kitchen to the great room to the fully fenced private backyard--your canvas for gardens, a playset, or simply breathing room on the back deck after a long day! Clean lines, well-appointed finishes, & a fantastic location, your options for entertainment, food, and shopping are endless nearby while keeping the peace & quiet at 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.