No detail was overlooked in this breathtaking single-family home with a 2-car garage, nestled on a premium corner lot in the sought-after Vint Hill community. A newly repaved driveway and stone walkway(both 2023) to a covered portico welcomes you home. Newer upper level heat pump(2023) and many main level A/C components(2025), Newer roof with 50-year shingles(2019), NEW double paned glass throughout(2025) and full house water softener with reverse osmosis water filtration for worry-less living. With over 5100 square feet, the open concept interior is an environment of refined authenticity and elegance, featuring hardwood floors; NEW luxury vinyl plank floors in mudroom and sunroom; triple crown and chair molding; upgraded light fixtures; Smart home features including dual Nest thermostats, ARLO doorbell camera, Yale digital door lock; and fresh neutral paint throughout. The gourmet kitchen is a chef's dream, boasting brand NEW Verona large-vein quartz counters and backsplash, a massive island with ample seating; NEW Bosch dishwasher; and opening to a sunroom to one side and a generous eat-in area and spacious great room that is ready for game night or a quiet evening in next to the cozy fireplace to the other. The main level office/flex room, formal living/dining room, and mudroom from the garage with plenty of storage complete the main level. Upstairs you’ll find 5 large bedrooms, including the luxurious primary suite with a separate sitting area, large walk-in closet, and a nicely appointed en suite bath with dual vanities and a soaking tub. Upper-level laundry adds convenience. The fully finished walk-up basement has a sprawling rec room, flex room/den, full bath and plenty of storage. Spend countless weekends entertaining or just relaxing on the Trex deck with 18 ft Sunsetter awning that steps down to a stamped concrete patio and high-end Jacuzzi hot tub overlooking a peaceful wooded area. Minutes to community pool, hometown theater, rec center, miles of trails, groceries, breweries, restaurants, parks, and everything Vint Hill has to offer. Don’t Miss Out!
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.
