Private 5-Acre Retreat with Room to Roam—Just Minutes from Everything! Enjoy the perfect blend of privacy and convenience with this spacious 4 bedroom, 4 bathroom home situated on 5 beautiful acres. Surrounded by mature trees, lush gardens, and abundant wildlife, this property offers a peaceful country setting without sacrificing easy access to nearby amenities. Step inside to an inviting open floor plan featuring a stunning stone fireplace as the focal point of the living room. The well-appointed kitchen offers stainless steel appliances, abundant cabinetry, and generous counter space, making meal prep and entertaining a breeze. Just off the kitchen, you'll find a large laundry room and pantry combination with a convenient drop zone for everyday organization. The main-floor primary suite provides a private retreat with a spacious walk-in closet and ensuite bathroom. A cozy screened porch just re-screened in 2025 creates the perfect spot to relax while seamlessly connecting the home to the oversized 28' x 32' garage. Upstairs, you'll find two generously sized bedrooms, a full bathroom, and a large storage closet. The finished lower level expands your living space with a family room, wet bar, half bath, and a substantial unfinished area ideal for storage or hobbies. Recent improvements include: Chimney tuck-pointed and waterproofed (Fall 2025), New roof and gutters with gutter guards (December 2025), New water heater (February 2026). As an added bonus, the sellers are leaving behind several valuable outdoor items, including a playset, 54" riding mower with bagger, 48" zero-turn mower, and rototiller. If you've been searching for acreage, privacy, and a move-in-ready home with plenty of space both inside and out, this property is a must-see!
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.
