Completed in 2022 by Windsor Homes, this stunning residence at 620 Windy Ridge seamlessly blends modern design with thoughtful functionality and elevated outdoor living with over $50,000 in the beautifully designed back porch and extended patio . Showcasing today’s most desirable interior trends, the home offers a light, airy aesthetic paired with a highly versatile floor plan and a rare 3-car garage. The main living area is designed to impress, featuring soaring ceilings, a dramatic two-story stacked stone fireplace, light flooring, and a wall of windows that fills the space with natural light and overlooks the spacious and private backyard. The open-concept layout flows effortlessly into a beautifully appointed kitchen complete with quartz countertops, an oversized island with extra seating, designer lighting, and sleek hardware—perfect for both everyday living and entertaining. Tucked privately on the main level, the primary suite offers a serene retreat with a spa-inspired bath including dual vanities, a freestanding soaking tub, and an oversized walk-in shower. A highly desirable secondary bedroom with a full bath downstairs provides flexibility for guests, a home office, or multigenerational living. Upstairs, a modern staircase with metal railings leads to an inviting balcony space with upgraded patterned carpet, a spacious game room, and a dedicated media room ideal for movie nights and family time. Two additional bedrooms feature large walk-in closets and share a well-designed Jack-and-Jill bath. The backyard is a true showpiece, enhanced with over $50,000 in upgrades. Enjoy year-round outdoor living under a massive cedar-covered patio with wood slat ceiling, designer fan, recessed lighting, and an extended concrete entertaining area. Ideally located just minutes from top-rated schools, shopping, dining, and major highways, this home offers the perfect balance of style, comfort, and convenience.
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.
