Positioned in the prestigious High Grove Estates and backing to a private wooded setting, this distinguished five-bedroom, four-and-one-half bath brick residence exemplifies refined luxury and thoughtful modern design. Offering over three finished levels, the home features four generously proportioned bedrooms on the upper level and newly added legal fifth bedroom in the walkout basement with en suite full bathroom. The main level is designed for elevated living and sophisticated entertaining, showcasing refinished rich hardwood flooring, a gas fireplace, and an integrated sound system. Fresh designer paint, new plush carpeting, and newly installed dimmable recessed lighting with Halo trim create a warm, contemporary ambiance throughout. The gourmet kitchen has been beautifully updated with new quartz countertops (November 2025) and a full suite of smart-enabled GE Profile appliances, including oven, microwave, and dishwasher (November 2025), blending cutting-edge technology with timeless style. Outdoors, the property is enhanced by a professionally installed in-ground irrigation sprinkler system servicing the yard, ensuring lush landscaping with ease. The walk-out lower level expands the home’s lifestyle appeal, offering flexible recreation and guest space, and conveys with an Evolution six-person spa featuring Bluetooth audio — a private retreat set against a tranquil wooded backdrop. Significant capital improvements provide peace of mind and long-term value: * New architectural roof (November 2025) * Dual-zone HVAC systems (2022 and 2025) * 75-gallon hot water heater (October 2025) * Oversized gutter system (2022) Complete with a two-car garage and situated within one of the area’s most sought-after communities, this exceptional property offers a rare opportunity to own a turnkey luxury residence where elegance, technology, and natural serenity converge.
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.
