Charming Expanded Rancher ith 4100 SF of living space with Park-Like Views in Bryn Mawr! Welcome to 3920 Darby Rd, a stunning expanded rancher nestled on 1.6 acres in the heart of Bryn Mawr! This exceptional home offers a perfect blend of tranquility and convenience, just moments away from shopping, major highways, and all your favorite amenities. As you approach this unique rancher, you’ll be greeted by a beautifully landscaped walkway leading to a charming front porch. Step inside to discover an inviting, spacious layout adorned with distressed hardwood floors that create an open and airy atmosphere. The expansive living room features a cozy wood-burning fireplace, perfect for gathering with family and friends on chilly nights. The heart of the home is the well-appointed kitchen, complete with granite countertops and custom cabinetry, which overlooks a generous dining area—ideal for entertaining! Whether you’re enjoying a casual wine tasting, playing board games, or hosting a spectacular three-course meal, this space is designed for memorable gatherings. On the east side of the house, you’ll find three generously sized bedrooms, including an updated primary suite that boasts an ensuite featuring a freestanding luxury tub, a double vanity with a backlit mirror, and a stunning tile shower with double showerheads. This serene retreat is the perfect place to unwind after a long day. The lower level of this immense rancher adds even more value with an additional 900 SF of finished space. Here, you’ll discover a stylish bar, a cozy home office, and another gas fireplace—perfect for letting your hair down and cheering on your favorite sports team with friends. This versatile space offers endless possibilities! Also on this level, you’ll find a laundry area, additional storage, and convenient access to your garage. Step out from the laundry area and immerse yourself in your expansive backyard. Picture yourself warming up by the fire pit, watching deer roam, and listening to the soothing sounds of nature as the night sky twinkles with stars. Dream about the potential this yard holds—perhaps an extensive outdoor kitchen, a pool, or a grand entertaining area. Here, the sky's the limit! Don’t miss your chance to make this gorgeous rancher your forever home! Schedule a showing today and experience the beauty and comfort of 3920 Darby Rd.
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.
