This beautiful single-family home offers the perfect blend of comfort, style, and convenience. This is the largest floor plan home called Horizon at Atwell Community. Featuring spacious rooms, modern amenities and a welcoming atmosphere. Flooring with luxury vinyl throughout main floors, hallways & stairways with upgraded handrails and light fixtures. Living space-open-concept living and dining areas with plenty of natural light, and recessed lights, then to Formal Dining area, special folding sliding doors when you party you can entertain open it with extended to outside covered patio. Remote control shades at sliding doors. Next to it modern Kitchen, with large center island with quartz finished countertop, equipped with stainless steel appliances. Then the White Kitchen Cabinets with light fixtures inside the upper portion. Walk in Pantry plenty of room. Then next to it bathroom and one bedroom for guest. Walk upstairs where you will find the spacious primary bedroom, separate bathrooms, walk in closet for all your collection. Then to Loft Area/Family Room, another place for TV Theater or just listening to your favorite music. Landscaped backyard with a patio, perfect for entertaining or relaxing with low maintenance artificial turf, with paver stones on the sides with wrought iron fence directly behind the house with unobstructed views of the mountain, community lake, walking trials. Another covered patio on the side. You are few steps to the community pool with spa, BBQ area and parks. Hiking trails and biking trails. There's Solar Panels on the house which is package in with the purchase of this house. Situated in a quiet, family friendly neighborhood, this home is conveniently close to parks, shopping centers and medical centers. Enjoy the sense of community while being just minutes away from all the amenities you need. Seller upgrades approximately over $100K on this house so its move in ready!
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.
