Welcome to this pristine, move-in-ready 6-bedroom, 3-bath home located on the highly desirable Perry East Bench, offering stunning mountain and valley views. Fresh paint throughout highlights the bright, open-air floor plan with vaulted ceilings and spacious living areas that feel both inviting and functional. Multiple gathering spaces, and two family rooms provide the perfect setting for relaxing, entertaining, or everyday living. The beautifully designed kitchen features solid-surface countertops, ample counter space, eat-in dining, and a generous pantry, keeping everyone connected even while on dish duty. Main-level living includes three bedrooms, dining, and living areas, while the spacious primary suite offers a walk-in closet and comfort. The basement boasts large windows, 10' ceilings, three additional bedrooms, a bathroom, and a second family room ideal for entertaining or creating a potential mother-in-law suite or ADU with its separate entrance. Abundant storage includes excellent closet space, cold storage, and a finished office/craft room. Outside, enjoy a fully fenced and beautifully landscaped yard with a full sprinkler system, mature fruit trees, garden space, and an amazing deck perfect for taking in the breathtaking views. The corner lot offers privacy, double-gate access, and a versatile suspended slab space ideal for a shop, storage, recreation, or future conversion. Located in a quiet neighborhood close to shopping, amenities, and highly regarded schools with dual-language immersion programs, this turn-key home combines space, style, modern updates, and small-town charm. New roof was installed in 2016, and the home has solar panels, a radon mitigation system, reverse osmosis filter to kitchen sink and fridge, humidifier, water softener, wood shelving in cold storage. VA loan assumable to a qualified buyer who can utilize their own VA certificate at 4.75% or utilize a USDA loan to benefit from a 0% down payment. This exceptional Perry home truly has it all-schedule your 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.
