Welcome to 683 Sunnyside Avenue! Step inside this beautifully renovated home in desirable Lower Providence Township, within the award-winning Methacton School District, and immediately feel at home. Bright and inviting, the home features updated flooring and recessed lighting throughout, creating a warm and modern ambiance. Designed with both style and functionality in mind, the stunning kitchen showcases modern cabinetry with lift-up doors for easy access, pull-out drawers for organized storage, and elegant quartz countertops complemented by a custom tile backsplash. Premium stainless steel appliances, including a gas range and double wall ovens, make cooking and entertaining effortless. An oversized island invites casual gatherings, while the dining room provides the perfect setting for hosting family and friends. Relax in the sun-filled living room or unwind by the fireplace in the spacious family room, which opens to a deck overlooking the rear yard—an ideal space for outdoor entertaining or quiet evenings at home. Upstairs, the primary suite offers a peaceful retreat with a walk-in closet and a well-appointed bathroom featuring a spacious walk-in shower and double sink vanity. Three additional bedrooms and a beautifully remodeled hall bath complete the second level, while walk-up attic access provides convenient additional storage. The basement features walk-out access through the two-car side-entry garage and offers flexible space ready to be transformed into a home gym, office, recreation room, or additional living area. Major upgrades completed in 2021 include new windows, HVAC system, whole-house Air Purification system, water heater, kitchen appliances, and flooring. Exterior improvements include a deck, repaved driveway, and updated exterior lighting. Enjoy peace of mind with these updates along with easy access to dining, shopping, parks, and major roadways.
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.
