Stately home situated on over 1.5 private acres. Impeccably maintained with incredible upgrades and attention to detail. The home features open living spaces highlighted by a beamed vaulted ceiling in the den, a stone gas fireplace, and a wall of windows overlooking the pristine backyard. Beautiful hardwood flooring throughout the main living areas with custom plantation shutters on the front of the home and Duolite Silhouette blinds on the back. The gorgeous kitchen is well appointed with granite countertops, tile backsplash, double ovens, a farmhouse sink, and is complemented by a wonderful butler’s pantry with wine rack and beverage cooler. The spacious primary suite offers lots of natural light, an organization alcove or coffee bar, and an oversized soaking tub and separate shower in the primary bath. The incredible laundry room offers abundant cabinetry and space for a full-size refrigerator. Need an office? This home office features French doors and a beautiful coffered ceiling, providing an elegant work-from-home space. Upstairs, the large bonus room is complete with a wet bar and beverage cooler. New gas water heater recently installed. The outdoor living is just as impressive as the indoor. The covered back porch features a motorized retractable screen and opens to a large deck overlooking the beautifully maintained backyard. A new roof was installed in July, 2025, and there's extensive landscaping with a 19-zoned irrigation system to keep landscaping looking lush. A 4-plank black fence was installed along the south side of the backyard. The garages have an epoxy flooring, utility sink, and custom cabinetry. There's incredible storage space under the deck where all the lawn equipment can be stored. Large side yard with additional privacy provided by adjacent HOA-owned space, This exceptional property offers space, privacy, and high-end upgrades throughout. Please see the photo gallery for specific details noted under each photo.
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.
