Tucked away in White Tail Trails subdivision, a small secluded highly desirable CUSTOM BUILT neighborhood in South St. Louis County, this beautifully maintained 2-story home offers the perfect combination of privacy, quality updates, and timeless charm. Nestled at the start of the cul-de-sac and backing to mature woods, you'll enjoy a peaceful setting with a truly private feel. Inside, you'll find 3 spacious bedrooms, 3 full bathrooms, and 1 half bath with a thoughtfully designed floor plan that's perfect for everyday living and entertaining. Upstairs, the generous primary suite is joined by two additional bedrooms and a second full bath. A charming landing overlooks the impressive foyer below, creating an open and inviting feel. The main level features both formal living and dining rooms, along with a spacious family room showcasing stunning exposed wood ceiling beams, a beautiful brick wood-burning fireplace, and a five-window bay that fills the space with natural light. Glass doors from both the family room and kitchen provide easy access to the deck, seamlessly blending indoor and outdoor living. The custom kitchen is a true showpiece, featuring granite countertops, a large center island with a Wolf gas cooktop, stainless steel appliances, subzero wine fridge, an eye-catching tile backsplash, under cabinet lighting and abundant cabinetry-perfect for preparing meals and entertaining. A convenient laundry/mud room and half bath complete the main floor. The mostly finished walk-out lower level provides even more living space with a large recreation room, a versatile flex room ideal for a home office, gym, or guest space, and a full bathroom. Step outside to the concrete patio and enjoy the beautifully landscaped backyard featuring an impressive paver patio, retaining walls, and a tranquil wooded backdrop. Major exterior updates provide added peace of mind, including a new architectural shingle roof, siding, shutters, and gutters/gutter guards-all replaced in 2025. If you're looking for a home that offers exceptional outdoor living, quality craftsmanship, modern updates, and a private setting in a beautiful CUSTOM BUILT neighborhood, this one is a must-see! Come take a look as this will not last long!
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.
