Immaculate Main-Level Living in a Peaceful 55+ Community!! WONT LAST LONG! Welcome home to this beautifully designed 3-bedroom, 2-bath residence offering 1,892 square feet of comfortable main-level living in a quiet and welcoming 55+ community. Perfectly situated on a peaceful cul-de-sac, this home offers the ideal blend of convenience, style, and low-maintenance living. Step inside to an open floor plan filled with natural light, highlighted by rich hardwood floors and elegant crown moulding that add timeless character throughout the main living areas. The spacious living room features a stunning two-sided fireplace, creating a warm and inviting atmosphere that can be enjoyed from multiple rooms. New HVAC system and roof installed in 2025. Beautiful double French doors provide charm and flexibility, opening to a bright space that works perfectly as a home office, den, or reading room. The thoughtfully designed layout offers both privacy and an easy flow for everyday living and entertaining. The home also features a fully insulated and heated garage/workshop, ideal for hobbies, projects, or year-round storage and workspace. Outside, enjoy the tranquility of the quiet cul-de-sac setting, while the HOA takes care of lawn maintenance, giving you more time to relax and enjoy the community amenities. Residents also have access to a community room and pool, providing wonderful opportunities to socialize and stay active. Home Features Include: - 3 Bedrooms | 2 Bathrooms - 1,892 Sq Ft of Main-Level Living - Open Concept Floor Plan - Hardwood Floors & Crown Moulding - Two-Sided Fireplace - Double French Doors - Insulated & Heated Garage/Workshop - New HVAC and Roof - Quiet Cul-de-Sac Location HOA Includes Lawn Maintenance, access to Community Pool & Community Room. This home offers the perfect balance of comfort, style, and low-maintenance living in a friendly, amenity-filled community. Don’t miss the opportunity to enjoy easy living in this beautifully maintained home!
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.
