This Home Exudes Illustrious Charm With Board & Batten Vinyl Siding, Covered Front Porch, Broad Driveway, High Quality Privacy Fence & Extra-Large Shed! Professional Interior Clean Completed On 11-28-25 & Professional Carpet Cleaning Completed 12-2-25! Entering The Home, You'll Notice Extravagant LVT/LVP Flooring Throughout Foyer, Living Room, Kitchen, Dining Area, Half Bath, Laundry Closet (Washer & Dryer Convey!) & Hallway! Your Kitchen Boasts All Steel Appliances, To Include A French Door Bottom Freezer Refrigerator With Water & Ice Dispenser (2021), Superior Grade Smooth Top Range (2023), High-End Dishwasher (2022) & Microwave Hood! There's Also Glowing Granite Countertops, A Beautiful Basin Sink With Pull-Away Spray Head Faucet, Double Door Pantry With Light & An Island For Meal Prep & Buffet Style Serving! Also, Positively Gorgeous Designer Cabinetry, Sleek Backsplash & Luminous Recessed Lighting! There's Brand New Toilet Upgrades In All Bathrooms Installed In Early 2025!! The Primary Bedroom Provides An Abundance Of Space, A Full Walk-In Closet, Tray Ceiling & Ceiling Fan! Primary Bathroom Has A Walk-In Shower With Built-In Seating & Elegant Glass Door Casing! Both Extra Bedrooms Are Quite Roomy, Have Ceiling Fans & Lights In The Closets!! Looking For That Extra Flex Space? Look No Further- You Have A MASSIVE Finished Room Over Garage That Can Facilitate All The Space For Which You May Have Been Searching! There's A 50-Gallon Water Heater Too!! The Location Is Absolutely Phenomenal! You Are Close To The Rear Entrance To The Subdivision & All The BEST HOA Amenities! HOA Amenities Include A Pool, Clubhouse, Basketball Court & Playground!! Home Is Located Under 6 Miles To Camp Lejeune Rear Gate Entry, Right About 5 Miles To Both The Red Barn Boat Launch & Super Walmart Shopping Center In Swansboro! Approximately 11 Miles To Camp Lejeune Main Gate & Less Than 13 Miles To Nearest Public Beach Access!! Schedule Your Showing Today & WELCOME HOME!!
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.
