Historic Tudor Revival with Timeless Charm and Modern Luxury Step back in time while enjoying every modern comfort in this stunning 1929 Prohibition-era Tudor home. Rich with architectural character, this brick and stucco residence features a classic slate roof, chimney pots, and a terra cotta tiled front porch, evoking the elegance of a bygone era. Upon entry, the inviting foyer opens to a large grand hallway which lends access to the formal living room and dining room, perfect for entertaining. Original hardwood floors, French doors, and vintage light fixtures flow throughout, preserving the home’s authentic charm. A thoughtfully designed updated kitchen blends historic character with contemporary convenience — featuring granite countertops, stainless steel appliances, a double wall oven, wine fridge, custom cherry cabinetry, and a generous center island. Enjoy morning coffee in the adjoining sunroom, bathed in natural light. Dual staircases lead to the second level, where original woodwork, glass doorknobs, and period details grace each of the four bedrooms. The primary suite offers a touch of luxury with its marble-tiled en suite bath, complete with gold-plated fixtures, whirlpool tub, and separate shower. A second full bath features a claw-foot tub, bidet, and brass fixtures, maintaining the home’s refined vintage aesthetic. The third level provides flexible space — ideal for a guest suite, home office, or studio — and includes a large cedar closet. Downstairs, the finished basement offers a family room with a wood-burning fireplace, half bath, and laundry room with a convenient laundry chute serving all three floors. Hidden behind an unassuming wooden door lies one of the home’s most remarkable features: a Prohibition-era speakeasy bar, complete with warm wood paneling, antique sconces, and a pass-through window to the family room with wood-burning fireplace — the perfect setting for intimate gatherings or themed parties. Outside, a hardscaped patio leads to a heated oversized two-stall garage offering additional attic and basement storage. Blending historic craftsmanship with modern updates, this one-of-a-kind Tudor residence is more than a home — it’s a living piece of history. Don’t miss the opportunity to own this extraordinary property!
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.
