Welcome to this beautifully maintained 3 bedroom, 2 bathroom two story home offering 1,956 square feet of comfortable and functional living space in the desirable Canyon Creek community. Built in 2021, this home blends modern construction with thoughtful design and open concept living that today’s buyers are searching for. Step inside to find expansive open spaces filled with natural light, creating an inviting atmosphere perfect for both everyday living and entertaining. The spacious living room features a cozy electric fireplace that serves as a stunning focal point while providing warmth and ambiance. The seamless flow into the dining area and kitchen makes hosting gatherings effortless. The kitchen offers generous counter space, modern finishes, and ample cabinetry to keep everything organized. Upstairs and down, the layout provides flexibility for families, guests, or a home office setup. The primary suite is designed for relaxation with a double sink vanity in the ensuite bath, offering both convenience and comfort. Outside, enjoy a fully fenced backyard ideal for pets, play, or weekend barbecues. The two car garage provides plenty of room for vehicles and additional storage. A brand new roof installed in 2025 adds long term value and peace of mind for the next homeowner. Located in a low HOA community, Canyon Creek residents enjoy exceptional amenities including two swimming pools, a tennis court, playgrounds, and boat dock access. Whether you enjoy outdoor recreation or relaxing by the water, this neighborhood offers something for everyone. This move in ready home combines modern features, community perks, and practical design all in one. Schedule your private showing today and experience everything this Canyon Creek gem has to offer.
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.
