FREE ONE YEAR HOME WARRANTY INCLUDED FOR PEACE OF MIND! From the moment you step through the beautiful stone-front entrance, it is clear this home was designed with a sophisticated, effortless flow in mind. The entryway opens into a bright, cohesive main level anchored by durable laminate flooring that guides you deep into the heart of the home. The layout transitions seamlessly from the inviting living room into a gourmet kitchen, where upgraded white cabinetry and a stately center island serve as the natural gathering point for guests. This open-concept design ensures that whether you are prepping a meal or relaxing in the living area, you remain connected to the conversation, making the entire floor feel like one expansive, harmonious space for entertaining. The interior flow extends gracefully to the outdoors via the dining area, which opens onto a magnificent two-tiered deck and a private, fenced-in backyard. This transition creates a true indoor-outdoor living experience, perfect for hosting large gatherings or simply enjoying the tranquil views of the mature woods that border the property. Inside, the flow continues as you ascend the switch-back staircase to the second floor. The layout here is exceptionally functional, placing the dedicated laundry room on the same level as the bedrooms for maximum convenience. The upper level is highlighted by a generous primary suite that comfortably accommodates a King-sized bedroom set and features a sprawling walk-in closet. The primary ensuite has a double-bowl vanity, and beautiful laminate floors adding a touch of modern luxury to your private retreat. Two additional well-proportioned bedrooms share an oversized hallway bath, ensuring plenty of space. This move-in-ready gem in the Boyertown School District offers the perfect balance of style, comfort, and a floor plan that just makes sense. OPEN HOUSE SATURDAY 5/9 11AM-1PM, SHOWINGS BEGIN THURSDAY 5/7 AT 9AM.
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.
