If you’ve been waiting for the right opportunity in Bexley, this is the one. Perfectly positioned on a premium corner lot directly next to Bexley Elementary, this 2020-built 5-bedroom home offers one of the most desirable combinations currently available in the neighborhood — walk-to-school convenience, an oversized fenced yard, and a private heated pool and spa. The lot alone sets it apart. Unlike most homes in the community with limited spacing between properties, this corner placement creates a massive side yard that is both functional and rare. There is room for play, space for pets to run, backyard soccer games, and birthday parties — all without sacrificing your pool. In Bexley, you typically have to choose between yard or pool. This rare home gives you both. Inside, the layout was designed to grow with a family. The primary suite is privately located on the first floor, creating a true retreat. The en-suite bath features a large tiled walk-in shower and an expansive walk-in closet with direct access to the laundry room — a thoughtful detail that simplifies everyday life. The kitchen is a standout, featuring beautiful quartz countertops, a stylish backsplash, crown molding, stainless appliances including a gas range, and a large island that anchors the open living space. It flows seamlessly into the main gathering area, keeping everyone connected while still feeling elevated and polished. Upstairs, four additional bedrooms and a spacious loft offer flexibility for play space, a media area, a home office, or growing kids who want their own level. New flooring upstairs (2023) adds a fresh, updated feel. Step outside to the screened lanai and enjoy the heated pool and spa — perfectly timed for spring evenings and summer days at home. Practical features add even more value: owned and paid-off solar panels, full-house hurricane shutters, smart home controls including app-based thermostat and garage access, a widened and sealed driveway, commercial-grade landscape barrier (2025), new refrigerator (2025), and an 85” mounted flat-screen TV that stays. Homes that combine this lot size, layout, location, and outdoor living rarely become available in Bexley — and when they do, they do not last long. This is the opportunity serious Bexley buyers have been waiting for.
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.
