Welcome to this beautifully maintained home located in the desirable Concord Crossing neighborhood of Johnstown, where thoughtful design, comfort, and convenience come together. Nestled in a quiet residential setting while still offering easy access to local amenities, this property provides the perfect blend of peaceful neighborhood living and everyday practicality. From the moment you arrive, the home's charming curb appeal and welcoming front entry create a warm first impression. The exterior reflects pride of ownership, and the inviting façade sets the tone for the comfortable living spaces found inside. Step through the front door to discover a bright and functional interior designed for modern living. The main living area offers a spacious and comfortable place to relax or entertain. Large windows allow natural light to fill the space, creating an inviting atmosphere that feels both open and cozy. The living room flows seamlessly into the kitchen and dining area, creating a layout that supports both daily life and social gatherings. Whether you're hosting guests or enjoying a quiet evening at home, the open design allows everyone to stay connected. Featuring a first floor owner's suite with fireplace and en-suite creates a private retreat away from the rest of the home. Second floor features three additional bedrooms and two full baths (one is an en-suite) perfect for teens or guests. First floor laundry just off the three car garage featuring an additional space perfect for workshop/storage. An extra-large full basement currently used as a recreation space offers incredible potential and is ready to be finished to create additional living space, with room to add a future bathroom. The greater Johnstown area has experienced exciting growth and development in recent years, bringing new opportunities and investment to the region while maintaining the character and community spirit that residents value. Come visit your next home 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.