Every now and then, a home comes along that feels like it was made to stand out, and this one does it in all the right ways. Set well back from the main road and surrounded by a peaceful backdrop, this beautifully reimagined 4-bedroom, 3.5-bath farmhouse offers more than 3,100 square feet of finished living space designed for people who value comfort, character, and room to breathe. The sellers planned for this to be their forever home, so they invested in thoughtful, high quality upgrades without cutting corners. This property has also been pre-inspected, and there are no major issues to worry about, offering even more confidence as you step into your next chapter. Inside, the home’s classic farmhouse character blends with modern updates that bring both style and function. The main level welcomes you with refinished hardwood floors, fresh paint, and a warm, inviting kitchen that feels as practical as it is beautiful. New quartz countertops, a subway tile backsplash, wood cabinetry, a fireclay farmhouse sink, and standout appliances including a ZLINE oven, KitchenAid dishwasher, and French door fridge create a space meant to be lived in and enjoyed. A new drop zone, first-floor laundry, and a large walk-in pantry make day to day life easy and efficient. The improvements continue throughout with new lighting in every room, updated bathrooms, all new toilets, and new flooring in the kitchen, laundry, and pantry. The fully finished lower level adds an impressive amount of flexible living space with an additional bedroom, full bath, multiple closets, and a cozy gas-fireplace living room. Smart upgrades include waterproofing by 58 Foundations, egress windows, a Bilco door, and a radon mitigation system, all providing comfort and peace of mind. Upstairs, the primary suite offers a refreshed bath, and the new central air system installed in July 2025 keeps every level comfortable year round. Outside, the property becomes its own private retreat. The expanded and resealed driveway provides extra parking, while brick paver walkways and patios connect multiple outdoor living areas, including a firepit pad perfect for evenings under the stars. The fenced yard, with three entry points and an electric fence, is framed by thoughtful landscaping that includes 13 fruit trees, berry bushes, and even a chestnut tree. The shed now features updated lighting and outlets, and the fully renovated garage with insulation, drywall, sealed floors, upgraded electric, keyless entry, and a mini split heating and cooling system is perfect for a workshop, gym, or studio. From the new roof to the chimney repair and relining, every improvement reflects the care and long term vision the sellers poured into this home. And with a quick close possible, moving forward is easier than ever.
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.
