Welcome to this beautifully, well maintained Johnstown model home located in the prestigious Stone Creek Del-Webb (55+) master planned community. This move-in-ready home offers 2,122 square feet of thoughtfully designed living space with 3 bedrooms, 2 bathrooms, plus an additional bonus room to use as an office or craft room, soaring ceilings, and generously sized rooms creating a bright, open concept. Lots of natural light fills the home, which has been meticulously cared for and features a newer A/C system (2020) and a new roof (2022). The welcoming living area flows effortlessly into two exceptional lanais—one enclosed with windows and the other screened—giving you the perfect setting for relaxing or entertaining in any season. The well-appointed kitchen boasts upgraded cabinetry, granite countertops, stainless steel appliances, a large pantry, breakfast bar, and cooking island. The adjacent dining area opens to the second lanai, making indoor-outdoor dining a breeze. The split-bedroom floor plan provides privacy and comfort, highlighted by a spacious primary suite featuring a large walk-in closet, separate linen closet, dual vanities, and an oversized walk-in shower. The laundry room is equally impressive with a utility sink, counter space, and skylight. Ample storage throughout the home ensures everything has its place. Completing the property is a 3-car garage with room for a golf cart, easy attic access, and an auto screen for added convenience and comfort. Stone Creek provides genuine resort-style living, with amenities that include, indoor and outdoor pools, spa and fitness center, walking trails, pickleball and tennis courts, bocci, softball, a public championship style golf course and a vibrant year-round social calendar. Enjoy resort-style living and the ultimate in relaxation—this is a home where every day feels like a vacation. Welcome 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.
