Nestled in the charming Mintbrook community, this extra large extended townhome model boasts over 2100sf, including 3-bedrooms, 2.5-bathrooms. The entry-level features a large bonus flex room perfect for a 4th bedroom, office, gym, you name it! This spacious townhouse offers a perfect blend of modern comfort and inviting warmth. Step inside to discover this well maintained home with beautiful brand new upgraded LVP flooring in the kitchen and freshly painted throughout. Built in 2016, this modern Colonial-style home boasts an open floor plan that seamlessly connects the living, dining, and kitchen areas, ideal for both entertaining and everyday living. The kitchen is a chef's dream, featuring stainless steel appliances, an oversized island for meal prep and room for bar stools, and ample table space for casual dining. The adjoining family room, bathed in natural light, creates a cozy atmosphere for gatherings. Retreat to the primary suite, complete with a walk-in closet and a bathroom featuring a double sink, soaking tub, and a walk-in shower. Outside, enjoy the community's open space common grounds, perfect for leisurely strolls along the jogging paths or playtime at the tot-lot. The attached two-car garage, plus two-car driveway and extra parking spaces in front of this unit provide plenty of convenient parking options, while the balcony offers a serene spot to unwind. Located just minutes from local amenities, including shopping, dining, and parks, this home is not just a residence but a lifestyle. Enjoy walking-distance access to Starbucks, Sheetz, and more. Located in a prime commuter area, the home is close to Routes 29, 28, and 17, providing easy access to I-66 and I-95. With association fees covering common area maintenance, snow removal, and trash, you can enjoy a low-maintenance lifestyle in a vibrant community. Experience the comfort and convenience of Mintbrook-your new home awaits! Yes-we have Xfinity high speed internet too!
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.
