Looking for a new home? You've found it! This gorgeous 3 bed plus den/office, 2.5 bath property with massive loft and a dream garage located in Copper Basin boasts tons of upgrades and sits on a premium corner lot with no house behind or to the right of the property! As you pull up to the home you will notice curb appeal of synthetic turf, 3 raised planters and low maintenance landscaping. The backyard is stunning with lush synthetic turf with brick border, mature trees for added shade, 3 storage sheds, hummingbird feeder post, plus outdoor string LED vintage Edison bulb lighting that make the backyard feel like you could host any event proudly with family and friends. The back covered patio is fully screened in, has epoxy floors, has a Wall mounted TV and patio furniture that convey with the home and features a 2-person hot tub that stays with the home for enjoying the evenings and sunsets. As you step inside the home, you'll be greeted by upgraded laminate flooring throughout the entire downstairs. The kitchen features upgraded shaker cabinets, Corian countertops with seamless undermount sink, upgraded faucet, pull out pantry and pot drawers, above and below cabinet lighting, and all stainless-steel appliances. The home features upgraded LED light fixtures throughout plus upgraded pendent lighting, sconces, and ceiling fans. There is also under stair storage closet with shoe racks plus an added slide panel for an added hidden storage area. Continue upstairs and into the spacious loft with vaulted ceilings and included wall mounted Smart TV with plenty of room for a game room, exercise area, home gym, pool table man cave and more. The primary bedroom showcases a full bath w/dual sinks, a walk-in closet, plus an extra-large mirrored closet area as well. Enjoy 2 additional bedrooms including 1 with a wall mounted TV that conveys, plus a full 2nd bath, that make this upstairs a true family home. Enjoy the laundry room upstairs as well with Washer and Dryer that convey and added wire rack storage system in place. Make sure to check out the amazing garage with epoxy floors, epoxy paint walls, tons of added lighting for a perfect workshop, flow rack wall system for hooks to store tools, Metal cabinets with magnetic closing doors. There is also an included portable AC unit with exterior vent for added cooling in garage. This garage is first class and hard to find in this price point! Get all of this for this fantastic price! Come See this home! You won't be disappointed!
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.
