In Person Open House July 11, 11-2pm Agent Owned Property! Rare opportunity to own a truly one-of-a-kind property on 0.92 acres in desirable West Haven. Conveniently located near shopping, dining, Hill Air Force Base, and the West Davis Corridor, this property offers the perfect combination of space, functionality, and accessibility. This beautifully updated 4-bedroom, 2.5-bath home showcases pride of ownership throughout. Recent improvements include Hardie Board siding, new windows, fresh interior paint, new carpet, updated bathroom flooring, and numerous additional upgrades completed in 2025. The main level features a flexible front living area ideal for a home office, den, or formal sitting room, along with an updated kitchen featuring two-tone cabinetry, stainless steel appliances, and laundry room and half bath. The oversized 2-car garage offers exceptional storage and workspace, while the extra-deep covered carport provides additional parking for vehicles, trailers, or recreational equipment. Upstairs, you'll find four spacious bedrooms, including a primary suite with private bath. A versatile 14' x 25' bonus room with fireplace serves as the fourth bedroom but could easily function as a family room, home gym, office, playroom, or craft space. The true highlight of this property is the impressive 40' x 80' insulated shop. Designed with functionality in mind, it features radiant in-floor heat, extensive electrical service, plumbed compressed-air drops, multiple oversized insulated doors, and 50-amp service inside and out. Whether you're a hobbyist, collector, contractor, or business owner, this space offers endless possibilities. Attached to the shop is a remarkable 20' x 40' entertainment space complete with radiant heat, air conditioning, custom bar, stage area, and two half baths-perfect for hosting gatherings, celebrations, or special events. Above, a finished loft provides additional living space with a kitchenette, bath, and open-concept layout ideal for guests, hobbies, or extended stays. Outdoor living is equally impressive with a 22' x 40' covered patio, custom misting system, outdoor kitchen, built-in smoker, pizza oven, and ample space for entertaining family and friends. Properties offering this level of versatility, storage, workspace, entertaining amenities, and modern updates are exceptionally rare. Come experience everything this incredible property has to offer. Square footage figures are provided as a courtesy estimate only and were obtained from appraisal. Buyer is advised to obtain an independent measurement.
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.
