Massive Three-Story Gem: Space for Everyone and Everything! Wow! If you have been searching for a home that truly offers enough room for a large or blended family to thrive, your search ends here. This expansive, three-story residence is designed with privacy and versatility in mind, offering a thoughtful layout that keeps everyone connected while providing plenty of "me-time" retreats. Key Features at a Glance Three Stories of Living Space: Plenty of room to spread out and enjoy privacy. Main Floor Bedroom & Full Bath: The highly desired "junior suite" setup for guests or multi-generational living. Dual Second-Floor Lofts: Massive flex spaces, including one with access to a large covered balcony. Ultimate Master Suite: A true sanctuary featuring a private retreat—it feels like your own private apartment! Climate Control: Three separate, independently controlled HVAC systems for personalized comfort on every floor. Lifestyle Perks: Low taxes, no HOA, and walking distance to a local park and Little League field. A Tour of the Home The Main Level: Step into a traditional living and dining area perfect for formal gatherings. The heart of the home features a spacious kitchen that opens seamlessly into the family room, creating a perfect hub for daily life. This level also includes a convenient laundry room and the must-have main-floor bedroom and full bathroom. The Second Level: Prepare to be impressed by the sheer scale of the second floor. You’ll find two large lofts that can serve as additional living rooms or media hubs. One loft features dual sliding glass doors that lead out to a sprawling covered outdoor balcony. Surrounding these lofts are four additional bedrooms and three full baths. The Master Suite is the crown jewel of this floor, boasting an massive layout and a private retreat area. The Third Level: The "hidden" third story is a vast, open room limited only by your imagination. Whether you need a high-tech movie theater, a dedicated music studio, a playroom, or a home gym, this space can handle it all. Location & Value Situated in a prime location within walking distance to a park and baseball fields, this home offers the perfect suburban lifestyle. Best of all? You can enjoy low taxes and no HOA fees, all at an unbelievable price point. Don't wait—this much square footage at this price won't last long. Call for your private tour 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.
