OPEN HOUSE SUNDAY JULY 12, 1-3 PM! Paradise truly lies at the end of the road! This is an amazing property! Imagine enjoying cul-de-sac seclusion, elevated woodland solitude, dramatic custom contemporary architecture and endless indoor/outdoor space to entertain, all in one place called Home! 517 Boyer St is one of the most compelling properties to be offered in upper Dauphin county in recent memory! Set high atop a wooded ridge at the end of the township road and adjoining a privately owned park and trout stream, this 4 bed 5 bath 3700 sq ft masterpiece is a captivating custom home offering spectacular soaring cathedral openness in the foyer, the kitchen great room and the delightful primary suite with its loft and hill top views! Immediately upon entering the vaulted sky lit foyer, guests will know they’re in for something special! The main floor is anchored by a towering sun drenched array of windows overlooking the pool and extensive patio entertainment venue, as well as unified living and dining areas for hosting large gatherings or simply the relaxation of having room to move about freely depending on time of day, lighting and necessity! The kitchen boasts an impressive 12 ft long island with angled stone counter offering both work and serving levels as well under seating for 8 and a dedicated “overflow” island for constructing buffets or just as a “catch all” while loading the pantry! The Primary Suite, conveniently located on the main floor, is absolutely breathtaking with its elevated windows, spiral stair loft and massive adjoining bath and dressing areas! The upper bed rooms are generous in size both served by a dedicated main upper level bath. The finished lower level is an inviting well lighted getaway with brick hearth and gas fp, spacious bedroom with walk in as well as a laundry, a half bath and a fantastic dedicated theater complete with multiple couch seating included! Just beyond the great room on the main floor is the wonderful pool and oversized 60 ft patio with wired media area for TV, a hard top gazebo to provide extra shade and a powder room just inside the garage for guest use! The wooded backdrop is storybook tapestry of seasonal interest and natural enjoyment providing coolness and an extra measure of privacy! All of this is located next to a 8 acre private park with pavilion, large lawn and trout stream (Armstrong Creek) just beyond, at times accessible with owner permission! This is a special once in a lifetime offering that must be seen to appreciated!
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.
