Welcome to 505 Brookshire Dr, an inviting 4-bedroom, 2.5-bath home offering over 2,600 sq. ft. of comfortable living in the highly sought-after Worthington neighborhood within the Manheim Township School District. With sidewalks and great street lighting, the area is ideal for morning walks, evening strolls, and everyday convenience. Located just minutes from Routes 30 & 272, you’ll enjoy quick access to shopping, dining, parks, and all the amenities that make Lancaster such a sought-after place to live. The main level offers an open, functional layout with rich hardwood flooring and a fully remodeled kitchen featuring a central island that flows easily into the surrounding living spaces. A main-floor office/bonus room provides valuable flexibility for work, play, or quiet use. Upstairs, you’ll find spacious bedrooms with newer carpet and a convenient second-floor laundry room. The generous primary suite includes two walk-in closets, a soaking tub, and a walk-in shower. Two of the three additional bedrooms also feature walk-in closets, offering exceptional storage throughout. The insulated basement with a full egress window expands the home’s potential—ideal for a future media room or a flexible multi-use space. It's a fantastic opportunity to customize the home to fit your needs. Additional highlights include an oversized 2-car garage (built as a 2.5-car design), a freshly epoxy-coated garage floor (May 2024), and energy-efficient solar panels installed by Palmetto Solar. A full package of newer appliances including the washer, dryer, refrigerator, dishwasher, microwave, and stove-conveys with the home. Thoughtful updates, energy-efficient features, and a modern, functional layout make 505 Brookshire Dr a standout in this well-loved community. Homes in Worthington rarely become available, don’t miss this exceptional opportunity. Some images may include AI-enhanced summer renderings. Actual property conditions, features, and landscaping may differ.
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.
