Welcome to 6928 Hubbardston Rd, a spacious 4-bedroom, 2-bath home offering over 2,250 sq ft on a beautiful 1-acre lot. Step in through the breezeway connecting the home and 2-stall detached garage, complete with a covered roof for year-round convenience. Inside, you'll find a laundry room, cozy breakfast nook, and a non-conforming bedroom that could work well as a guest room or in-law suite. The kitchen features a new tile backsplash, refreshed cabinets with updated hardware, abundant counter space, a snack bar, a wine fridge, and a newer refrigerator (2020). The dining area opens to a comfortable living room with a gas fireplace and a slider to the back deck. French doors off the dining room lead to a bright flex space, perfect for crafting, remote work, or an extra entertaining space. The primary suite is located just off the living room, with two additional bedrooms and a full bath completing the layout. *See (Updates include a new well in 2020, a reconfigured lot to a full acre, and a new well system greenstick in 2025. Sellers are providing the buyers with a one-year APH Home Warranty. Enjoy peaceful country living with covered front and back porches and plenty of outdoor space to relax. Located in the heart of Hubbardston, known for its friendly small-town charm, residents enjoy local favorites like the annual Hubbapalooza Festival with live music and food vendors, and the Memorial Day 5K Run, which brings the community together every spring. Conveniently situated just 55 minutes from Grand Rapids, 25 minutes from Ionia, and 35 minutes from Greenville. This home offers the perfect blend of rural serenity and easy access to nearby cities.
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.
