Modern Luxury Meets Everyday Comfort! This stunning 3-bedroom, 4-bath home has been thoughtfully designed with upscale finishes and incredible attention to detail. Step outside to your backyard oasis—complete with a full outdoor kitchen, sunken hot tub, dual pergolas, and over 1,400 square feet of outdoor living space! Enjoy a 378 sq. ft. covered rear deck, a 150 sq. ft. front slab porch with roof, and an additional 900 sq. ft. of open wood deck and slab porch—perfect for entertaining year-round. Inside, the open-concept living room features soaring vaulted ceilings, a custom built-in entertainment center, and a striking stone-wrapped pellet stove that anchors the space beautifully. The gourmet kitchen is a chef’s dream, showcasing a custom-built island, granite countertops, crown molding, tiled backsplash, prep sink, copper farmhouse sink, and a walk-in pantry. Gorgeous wood and tile flooring flow seamlessly throughout the main level. The elegant main-floor primary suite offers a cozy fireplace and French doors leading to the deck. The spa-inspired ensuite boasts a tiled walk-in shower with bench, double granite vanity, and a luxurious jetted soaking tub. Upstairs, you’ll find a spacious loft with its own fireplace, two additional bedrooms, and two full bathrooms—one en suite. The finished basement provides the ideal space for a home theater or game room, plus plenty of unfinished space already pre-plumbed for an additional bathroom. Additional features include hand-textured walls, a steam humidifier, tankless water heater, dual A/C and furnace units, 8-foot doors on the main level, central vacuum, and custom stone window wells. The oversized 3-car garage offers 220V power, built-in cabinetry, and a mud sink-equipped laundry room with extra storage. This home effortlessly blends comfort, functionality, and luxury—ready for you to move in and make it your own.
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.
