Step through French doors into a masterclass of artisan craftsmanship. This 6,908 sq. ft. sanctuary, nestled within the exclusive, gated Summit at Ski Lake, offers the rare stability and seclusion buyers crave in 2026. The Hero Feature is the breathtaking, unobstructed view of Pineview Reservoir. Whether you are waking up in the primary suite or entertaining in the great room, the valley wraps around the shimmering water in a stunning display of natural beauty. Upon entry, you are greeted by a home library featuring floor-to-ceiling built-in shelves and a rolling ladder. Nearby, the aroma of fresh herbs from the culinary-focused kitchen-featuring Thermador appliances, a butler's pantry, and marble counters-mingles with the quiet crackle of the floor-to-ceiling stone fireplace. In an era prioritizing at-home escapes, the primary suite serves as a true wellness hub, now featuring a private den and wet bar. Rejuvenate in the deep soaking air bubble tub or the marble-clad double entry shower before stepping onto your private deck to watch the sun dip below the reservoir. For ultimate relaxation, retreat to the professional theater room (everything stays) for an immersive cinematic experience, play pool, or hit the Owners' Wellness Retreat-a massive fitness complex featuring a full weight room, a dedicated yoga sanctuary, a built-in sauna, and a steam shower. This home is a model of modern resilience, featuring solar panels with energy-storing batteries and a remotely controlled heated driveway and whole house infotainment system. Positioned for the ultimate mountain lifestyle, you are just 8 minutes from Snowbasin and minutes from the slopes of Powder Mountain and Nordic Valley. After a day on the trails, relax in the included hot tub with views stretching across the entire valley.
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.
