Completed in 2022 and offering 2,112 square feet of thoughtfully designed living space, this beautifully maintained 4-bedroom, 2-bath home combines modern style, everyday functionality, and an exceptional location less than 10 minutes from downtown. The open-concept layout creates an inviting flow between the spacious living room, dining area, and kitchen, making the home ideal for entertaining, relaxing, or working from home. Abundant natural light fills the interior, highlighting contemporary finishes and creating a bright, welcoming atmosphere throughout. The expansive living room is anchored by an electric fireplace that adds warmth and visual appeal while serving as a striking focal point. The kitchen is designed to impress with abundant cabinetry, generous granite countertop space, and a layout that supports both daily meal preparation and hosting gatherings. The private primary suite offers a peaceful retreat with a spacious bedroom, walk-in closet, and an ensuite bath featuring a garden tub for a relaxing end to the day. Three additional bedrooms provide flexibility for guests, hobbies, or a dedicated office. Step outside to enjoy a covered patio and a 12-by-12 backyard pavilion, creating multiple outdoor living spaces for dining, entertaining, or simply enjoying the outdoors. The fenced backyard offers room to personalize while the attached garage adds convenience and extra storage. Convenient access to shopping, dining, parks, major commuter routes, and downtown destinations enhances everyday living. If you are searching for a move-in-ready home with four bedrooms, open-concept living, abundant natural light, outdoor entertaining space, and modern construction, this property delivers outstanding value, comfort, and lasting appeal. Designed for today's lifestyle, the functional floor plan maximizes every square foot while maintaining a seamless balance of comfort, efficiency, and versatility for a wide range of needs.
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.
