Stop scrolling, this is the one! Get ready to be impressed by this stunning, turn-key, 7 year young townhome in Millersville's desirable Pondview community. This home has been meticulously updated and truly shines, offering an open-concept floor plan with soaring ceilings. The modern chef’s kitchen is equipped with chic shaker-style cabinets, beautiful granite counters, and newer stainless steel appliances. The oversized island offers tremendous seating and is perfect for casual dining and entertaining. Upstairs you'll find the primary bedroom, complete with an elegant tray ceiling, a spacious walk-in closet, and spacious ensuite. The primary bath boasts a double vanity, large shower, and trendy shiplap walls that elevate the design. Built-in speakers throughout the house offer a seamless audio experience. The main level powder room was beautifully remodeled in 2023 and the laundry room received a stylish update in 2025. A fully finished basement offers a fantastic rec room with walk-out access to your private, fenced yard. Enjoy summer evenings or morning coffee on the spacious deck located right off the kitchen. You won't find any carpet here! The entire home features hardwood and recently replaced luxury vinyl plank (LVP) flooring for a clean, modern look. Gas-fired tankless water heater provides hot water on demand throughout the house – a luxury you didn’t know you needed until you’ve tried it! As a resident of Pondview, you’ll have access to spectacular community amenities, including a refreshing pool, relaxing pond w/ pier, covered pavilion, community firepit, a clubhouse w/ gym, and a playground. Pondview is considered one of Millersville’s premier communities; both its location and amenities. Don’t settle for other local options that offer less! This home is immediately available and has over $40k in upgrades that you won’t find in new construction.
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.
