Welcome home to 4341 Horder Court – a private retreat on over 2 acres in the highly desired Wynterset Lakes community. This 3-story home blends space, privacy, and versatility with a layout that works beautifully for multi-generational living, entertaining, or everyday comfort. Recent exterior improvements include fresh soft washing, newly cleaned concrete paths, trimmed trees for a polished approach, and a refreshed top deck with new boards and updated paint. The sunroom deck has also been refinished for smooth indoor-outdoor flow. Inside, the home features an updated kitchen, hardwood floors on the main level, great natural light throughout, and an oversized primary suite with tray ceilings, jetted tub, tile shower, large closet, and an additional built-in sauna. Upstairs includes a secondary master suite plus additional bedrooms connected by convenient Jack-and-Jill bathrooms, giving buyers flexibility and clarity on bath layout expectations. The fully finished basement offers over 1,500 sq ft of usable space (not included in the official square footage), previously used as a one-bedroom rental-style setup. It includes brand-new LVP flooring throughout, a media room with outdoor speaker hookup, a game room, wet bar, and full-size refrigerator. This level is ideal for extended family, guests, entertainment, or potential income opportunities for savvy buyers. Enjoy year-round comfort in the enclosed sunroom or step outside to the in-ground pool, patio, and separately fenced backyard area. The expansive lot delivers the privacy of country living while still being close to shopping, dining, schools, and local amenities. Neighborhood features include tennis courts and more. Just updated for the December 2025 relaunch: the sellers have adjusted the price to reflect the home’s size, location, and recent improvements, while also allowing room for any future personal updates a buyer may want to make. With spacious living areas, modernized finishes, new basement LVP flooring, and over 2 acres of beautiful property, this home is one of the strongest values in the area at its new price point. Schedule your showing and experience what makes this property such a rare opportunity in Wynterset Lakes.
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.
