Once upon a time, someone built a home that just made sense - and that home is waiting for you at 422 Bougainvillea Court. Nestled in the sought-after St. John's Forest community, this beautifully designed 1.5-story residence unfolds like a story with all the right chapters. From the moment you step inside, the open great room welcomes you with warmth and easy flow, seamlessly connecting to a generous dining area made for long evenings, lively conversation, and memories still waiting to be made. At the heart of the home, the upgraded kitchen stands ready for whatever you bring to it - whether that's a quiet Sunday morning or a holiday feast. A classic tile backsplash, a center island perfect for gathering around, and a full suite of included appliances - double oven, cooktop, microwave, and refrigerator - mean you're equipped from day one, no assembly required. The primary suite graces the main level, offering the kind of peaceful retreat that turns an ordinary evening into something restorative. Meanwhile, additional bedrooms are thoughtfully positioned throughout the home, each offering its own sense of space and privacy. Upstairs, the story continues with a generous loft - endlessly adaptable - and a large bonus room complete with its own full bath, ready to become whatever chapter calls to you next: a creative studio, a serene retreat for visiting guests, or a dedicated workspace all your own. Step outside and the narrative continues. A fenced backyard offers a private slice of the outdoors - open sky, open possibilities, and plenty of room to enjoy it all. The next owners will also enjoy the comfort of a brand new AC system (replaced 2025) and water heater (replaced 2026) - the kind of quiet detail that means the story here is just getting started. And the setting? Even better. Located in Union County with no city taxes, and positioned just minutes from the energy of surrounding cities, 422 Bougainvillea Court gives you the best of both worlds - the quiet of a well-established neighborhood, with everything you need close at hand. Every great story has a moment where everything falls into place. This might be yours. Schedule your showing 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.
