Welcome to 717 Walnut Ridge, where style, space, and exceptional updates come together! This beautifully maintained 4-bedroom, 3 full-bath ranch home offers the ease of one-level living with an open-concept floor plan designed for everyday living and effortless entertaining. From the moment you arrive, you'll fall in love with the inviting covered front porch, complete with charming porch swings—the perfect spot to sip your morning coffee, unwind after a long day, or spend evenings visiting with family, friends, and neighbors. Paired with the attached 2-car garage and beautiful curb appeal, this home offers a warm welcome before you even step inside. The heart of the home is the fully renovated kitchen, thoughtfully redesigned with new cabinetry, beautiful wood-look countertops, a stunning butcher block island with an electrical outlet, new sink and fixtures, updated flooring, and recessed can lighting—creating the perfect space for cooking, gathering, and making memories. The kitchen flows seamlessly into the dining and living areas before stepping out onto the rebuilt and expanded deck, complete with a gazebo, making it the perfect place to enjoy morning coffee, host summer BBQs, or relax while overlooking the backyard. The main-floor bedrooms have been tastefully updated, providing comfortable and inviting spaces to unwind, while all three full bathrooms come with modern finishes that blend style and functionality. The finished walkout lower level adds incredible versatility with a spacious family room, full bath, and endless possibilities for a recreation room, guest suite, home office, or workout space. Whether you're gathering with loved ones around the kitchen island, enjoying summer cookouts under the gazebo, relaxing on the porch swings as the sun sets, or celebrating holidays with family and friends, this home was designed for making memories. Every update has been thoughtfully completed to create a home that's as functional as it is welcoming. This move-in-ready home truly checks every box. Don't miss your opportunity to make 717 Walnut Ridge your next home—schedule your private showing today!
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.
