SPACE and great floor plan! All this home needs is your personal touch. Recent UPDATES includes the ROOF, HVAC, and TANKLESS WATER HEATER. The home appraised for $425,000 January 2026. The new owners will have INSTANT EQUITY! This home welcomes you with a stunning grand entrance designed to impress from the very first step. As you walk through the high-end double steel doors into the two-story foyer, you're greeted by a show stopping chandelier that elevates the entire foyer. Every detail has been thoughtfully curated. The living room is open to the dinning room with a modern chandelier, custom deigned ceilings, recessed lights, and natural light. A conveniently located half bath is nearby for guests. From the formal living and dining areas, the home flows effortlessly into the open-concept kitchen and family room. The family room has LVP flooring, and a charming brick-accented fireplace that adds warmth and character to the space. The eat-in kitchen features granite countertops, a tiled backlash, stainless steel appliances, modern lights, and recessed lights throughout. Still need more space? The upper level continues to impress as you enter a large flex room that is the center point of 4 bedrooms and 2 full bathrooms. The spacious primary suite serves as a private retreat, enhanced by tray ceilings. The spa-inspired bathroom features custom-designed flooring, double vanity, a soaking tub, and a sleek modern walk-in shower. An oversized walk-in closet completes the space, offering both convenience and functionality. Beyond the interior, the home extends outdoors to a private, fenced, level backyard that's great for entertaining. Relax on the screened-in porch and catch a cool breeze from the outdoor ceiling fans. The storage shed and hot tub are BONUS items. Homeowners in the Ridgeview community have exclusive access to the clubhouse, swimming pool, and tennis courts. Just minutes away, downtown Lawrenceville blends small-town charm with everyday convenience. Around Lawrenceville Square, you’ll find unique shops, great dining options, and entertainment at the Aurora Theatre, all in a vibrant, walkable setting. Make your appointment today!
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.
