Step into a work of art—this one-of-a-kind 4 bed/3 full bath creekfront barn home offers over 4,750 sq ft of living space, where soaring ceilings, reclaimed materials, & panoramic views create an unforgettable experience. On 5+ scenic acres, this custom-built home blends rustic heritage w/ modern flair, featuring hand-hewn beams from two 1870s barns & a design by A.D. Engle Construction. This property shares the mill race from the historic Bear’s Mill, just down the road—offering rare history & beauty in your backyard. The creek is ideal for fishing, kayaking, or summer swims, & the Darke County Park Bike Path is nearby for walking, biking, & outdoor adventure. A paved circular driveway welcomes you to an entertainer’s dream: multi-functional spaces, formal dining, breakfast room, & dramatic living areas. The kitchen includes custom cabinetry, a large island, & eat-at bar—perfect for gathering. A first-floor office/guest suite has its own full bath—ideal for guests, remote work, or multi-generational living. Dramatic lighting, exposed beams, & artistic details add warmth & character throughout. A suspended staircase leads to a movie theater loft space w/ a 130" screen & projector, wet bar & wood-burning stove—a cozy space to entertain or unwind. Two bedrooms share a Jack-&-Jill bath, each w/ built-ins, window seats, & haymow loft access for added charm. The primary suite features a private balcony, walk-in closet, laundry, & a spa-like bath w/ double vanity, walk-in shower, & a whirlpool tub beneath a round window framing stunning views. Enjoy peaceful mornings & golden hour evenings from 3 decks or the screened porch overlooking the countryside & creek. The walk-out semi-finished basement offers 8' ceilings, rec area, & huge storage/utility room. A 3-car garage w/ electric & concrete floors completes this rare & remarkable property. More than a home, this is a statement—where history, creativity, & peaceful living meet. Call today to experience the magic in person!
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.
