Where summer lives—private backyard pool retreat on a quiet cul-de-sac in the award-winning Parkview High School district, overlooking wooded views. Tucked at the end of a quiet street with a beautiful approach, this thoughtfully updated home offers a rare combination of privacy, natural surroundings, and flexible living spaces designed for the way people live today. The backyard sets the tone with a private pool, composite deck, and serene wooded backdrop, creating a retreat that feels private while still being close to everything. The main living area features a vaulted and beamed great room filled with natural light, complete with built-in cabinetry and shelving and a brick fireplace that draws the eye upward, highlighting the architectural ceiling detail. The space connects seamlessly to a well-appointed kitchen with distinctive character, a top-of-the-line refrigerator, and a brand new stainless steel dishwasher. New Pella windows, interior and exterior paint that have been thoughtfully maintained and touched up, and updated lighting enhance both the look and the way the home lives. Flexible spaces throughout the home provide options for work, play, and guests. A loft workspace overlooking the living room creates an ideal work-from-home setup, while a built-in desk area adds additional functionality. The upper level includes a playroom or optional fourth bedroom, and a main-level bedroom suite offers convenience for guests or multi-generational living. The terrace level is filled with natural light, adding to its versatility and livability. It includes a finished room featuring a fireplace, perfect for a media room, recreation space, or future guest suite. An expansive unfinished area provides workshop space, storage, or the opportunity to add additional finished square footage, along with dedicated space for pool equipment. Outdoor living is a highlight of the home. The private pool has been converted to a chlorine system (2025) for easier and more cost-effective maintenance, and includes a new pool pump (2025) and a custom cover that remains with the home. Fiberon composite decking offers low-maintenance durability, and the rose garden overlooking the wooded landscape adds to the setting. Major improvements provide peace of mind, including a brand new roof (2026), HVAC system replaced on the main level (2022), Trotter waterproofing system with lifetime warranty (2024), new carpet (2021), new Pella Windows (2020) and a new water heater (2020). Located just minutes from Mountain Park Park, athletic fields, and the local library, this home also offers easy access to Highway 78 and I-85, making commuting, shopping, and dining convenient. A voluntary HOA with a low annual fee adds flexibility while maintaining the neighborhood’s welcoming feel.
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.
