Imagine waking up steps away from the Aurora Reservoir, where morning walks by the water and sunset picnics on the shore are part of your everyday life. Add in weekends spent exploring Southlands’ vibrant mix of cafes, shops, and entertainment—and you’ll see why Beacon Point is one of Aurora’s most beloved communities. Built in 2011 and lovingly maintained by its original owners, this two-story home is designed for both comfort and versatility. The open main floor layout flows seamlessly from the foyer to the living room and kitchen to the dining area, making it ideal for entertaining and everyday living. A bonus room with French doors offers the perfect quiet spot for a exercise room, home office, creative studio, or playroom. Upstairs, you’ll find two spacious primary suites, each with its own walk-in closet and private bath, offering flexibility for multi-generational living or long-term guests. The home’s fresh interior and exterior paint gives it a modern, move-in-ready feel, while the unfinished basement is a blank canvas for your future gym, media room, or recreation space. Beacon Point offers more than a home—it’s a lifestyle. With an elementary school conveniently located within the community, families will love the ease of morning routines and neighborhood connections. Residents enjoy access to a beautiful clubhouse complete with a swimming pool, tennis courts, and gathering spaces, all set against the backdrop of the Aurora Reservoir just moments away. Outdoor enthusiasts will appreciate the nearby walking trails, swimming beach, and fishing dock, while Southlands Mall is only minutes away with endless dining, shopping, and entertainment options—all within the highly rated Cherry Creek School District. This is your chance to own a home in a community where neighbors become friends and every day feels like a retreat. Schedule your private tour TODAY!
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.
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