Located on a quiet cul-de-sac and set on a rare .48-acre lot, this 2,485 sq ft two-story home offers the room, layout, and versatility today’s buyers are actively searching for — all with easy access to I-85 for commuting convenience. The main level welcomes you with an elegant foyer accented by picture molding and crown molding, setting the tone for a thoughtfully designed home. Entertain with ease in the formal dining room, then flow into the open-concept kitchen featuring a large center island, granite countertops, subway tile backsplash, stainless steel appliances, gas range, and a walk-in pantry with built-in shelving. Just off the kitchen, the sunroom is filled with natural light — perfect for morning coffee, reading, or a peaceful retreat. The great room anchors the space with a gas-log fireplace for cozy evenings and effortless comfort. Upstairs, the 19x17 primary suite feels like a true retreat with a spacious walk-in closet and a well-appointed en-suite bath offering double vanities, a large tiled shower with bench, private water closet, and deep linen storage. Two additional bedrooms are large sized with walk-in closets, and the secondary bath includes double sinks — ideal for busy households. A large loft with a closet adds exceptional flexibility and can easily function as a fourth bedroom, home office, media room, playroom, or guest space — giving this home the adaptability buyers crave. Additional highlights include LVP flooring throughout the main level, tile flooring in both full baths and laundry, a tankless water heater, and a welcoming front porch overlooking the peaceful cul-de-sac. The community playground adds to the neighborhood appeal. USDA 100% financing eligible, offering an excellent opportunity for qualified buyers. This home delivers space, location, flexibility, and value in the highly sought-after Wren School District. Schedule your showing today and see why this one stands out.
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.
