Welcome to your dream home in the highly sought-after Cordera neighborhood! This stunning Vantage Tahoe (reversed) has meticulous attention to detail, with every upgrade thoughtfully selected during the build with no expenses spared & a flawless color palette inside & out. On the corner of a serene cul-de-sac loop, this home offers both privacy & charm. Featuring 5 bedrooms, including a luxurious main level bedroom that feels like a heavenly retreat with breathtaking views, a spa-inspired bathroom & a generous walk-in closet, this home is designed for comfort & style. An en-suite bedroom in the walk-out basement adds versatility. Warm birch hardwood floors flow through, complementing the open layout, highlighted by 10’ & 12' ceilings on the main level & 9’ ceilings in the basement. The gourmet kitchen with hickory cabinets has slide pull-outs in the bottom, top-tier appliances, oversized island with ample seating & counter gas stove (pre-wired for elec. if preferred). Step outside from the kitchen or main bedroom to the expansive back deck, with sweeping mountain views. The large, fenced backyard backs to green space, offering tranquility & room to play, while the side yard provides extra space with 3 apple trees, granny smith, fuji and honeycrisp. Entertain with a large galley wet bar in the basement & a professionally finished 3-car garage, featuring an oversized standalone 3rd bay with shop lights, added electrical plugs, upgraded openers with battery backups & finished walls. A long, flat driveway provides ample parking. Outdoor living shines with a patio gas line for a grill & HOA-approved hot tub wiring, all set against a backdrop of stunning mountain range views. A new Class-4 hail-resistant roof (2024), whole-home humidifier & an extra electrical upgrades, including plugs perfect for a man cave. Located in the acclaimed D-20 schools. Don’t miss your chance to own the perfect fusion of elegance and functionality in Cordera.
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.
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