Welcome home to this stunning blend of luxurious living & beautiful stone craftsman style designed home in the prestigious 24/7 gated golf community of Laurel Springs with 3 car garage, spacious rooms, & situated in a cul-de-sac only a short walk, bike, or golf cart ride to all the resort amenities that this neighborhood has to offer! As of Dec 1, this home had an entire interior REVAMP including - ALL NEW interior paint top to bottom, new matching doorknobs & hinges replaced throughout, replaced entire upstairs carpet front to back, whole house professional deep clean including basement carpets steamed/cleaned/sanitized and interior & exterior window washing making the entire home SHINE! The curb appeal is a seamless blend of stone façade w/ rocking chair front porch, massive wood beams, dark trim, & custom shutters! You are greeted by a two-story foyer w/ a view of the upper floor catwalk balcony, lightly stained hardwood floors, high-end crown molding & trim, & an executive home office on the right featuring built-in cabinetry & French door. A bright large dining room to your left has upgraded window cased opening w/ transom windows & wainscoting. Straight ahead is the gorgeous family room features coffered ceiling, fireplace, built-in cabinetry, & windows looking out onto the back porch! Head into the spacious eat-in updated chef’s kitchen that has white shaker cabinets, tiled backsplash, kitchen island, separate pantry, peninsula w/ room for 6 bar seats, stainless steel appliances w/ double oven, granite countertops, & perfect coffee bar w/ built-in wine cooler, floating glass shelves, & butcher block countertop. This entertainer kitchen also has a second fireplace w/ sitting room, 2 window seats, hidden TV cabinet, & an open breakfast area! Exterior door off breakfast area leads to a 3-season gorgeous back porch w/ a third stack stone fireplace perfect for watching football games and has a separate door out onto the deck w/ built-in grill gas line, a gate to the driveway, & stone path down into the fenced in backyard. Located off the kitchen is a beautifully remodeled laundry room w/ dual washer & dryers, a tiled dog washing station, & added cabinets & countertop for folding/storage! 3 car garage entry is located off laundry room near the kitchen. There is a powder room on main for any guests. Head down the front hall to discover the luxurious oversized primary suite on main featuring tall tray ceiling w/ custom chandelier, bright windows, hardwood floors, door to back porch, & double door entry into the private spa like bathroom that has a soaking tub, separate dual vanities, tiled floors, & walk-in tiled shower w/ frameless glass door. Enter through another set of double doors to the fantastic walk-in closet w/ wall mirror, separate sides, & a built-in LG clothing steamer. Head upstairs to find a media room that has endless options as a playroom, game room, second home office, or a potential 4th upper bedroom. Check out the front facing bedroom w/ a walk-in closet & wonderfully remodeled private bathroom ensuite w/ clawfoot tub, designer tile, & vanity. Two other bedrooms share a connecting totally remodeled Jack & Jill full bathroom w/ separate vanities designated to each bedroom. Make your way down to the open terrace level & find a super spacious living room complete w/ a kitchen & bar, plenty of room for gathering & games, & exterior door to backyard leads to a covered stone outdoor patio! There are also two additional great sized bedrooms here w/ a full bathroom between them, a home gym, & plenty of finished storage rooms! This unbeatable location is in top tier sought after Lambert High District and has resort-like amenities including 24 hour gated security, private Jack Nicklaus Golf Course, beautiful clubhouse w/ full fitness facility, ample amount of lighted tennis & pickleball courts w/ team opportunities, end to end basketball goals, lap pool, kid’s pool w/ water slide, swim team, & a large playground!
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.
