Welcome home to this beautifully maintained two-story brick-front residence offering comfort, style, and space for the way families live today. Thoughtfully designed with nearly 3,400 square feet, this 5-bedroom, 3-bath home perfectly balances everyday functionality with inviting areas for entertaining and relaxation. As you arrive, you’ll immediately notice the excellent curb appeal—a manicured lawn, custom flower beds, and an inviting brick front that sets the tone for what awaits inside. The property is nestled within the sought-after Miller Park community of Stonecrest, known for its friendly neighbors, attractive homes, and convenient access to I-20, I-285, Arabia Mountain, Browns Mill Park, and area shopping and dining. Step inside the grand two-story foyer, where abundant natural light pours in through large windows, highlighting the detailed crown molding and elegant finishes throughout. To your right, a formal living room with a bay window offers the perfect setting for quiet evenings or a home office, while the adjacent dining room features a stunning coffered ceiling that adds sophistication to family meals and holiday gatherings. The heart of the home is the open-concept kitchen and family room—a true gathering space where conversations flow easily. The kitchen includes granite countertops, sleek black appliances, a center island, walk-in pantry, and a breakfast area, for a bold contemporary look, all overlooking a bright and spacious family room anchored by a beautiful stone fireplace that makes it easy to stay connected while preparing dinner or relaxing by the fire. This inviting space is perfect for family retreats. Upstairs, privacy meets comfort in the oversized owner’s suite, complete with French doors, a vaulted ceiling, and a large sitting area—the ideal retreat after a long day. The spa-style ensuite bath features a soaking tub, separate shower, dual vanities, and a private water closet. The walk-in closet is generous enough to accommodate every wardrobe dream. The secondary bedrooms are spacious, bright, and flexible—ideal for family members, guests, or a media room. A thoughtfully designed Jack-and-Jill bathroom, while the upstairs laundry room adds convenience for busy family routines. With a two-car garage and ample driveway space, there’s room for everyone and everything—from bikes and basketballs to visiting guests. To make the move even more appealing, the seller is offering a carpet & paint allowance, and a one-year home warranty. It’s the perfect opportunity to personalize your space and start creating new memories right away.
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.
