Discover energy efficient living with premium upgrades, spacious interiors, and valuable buyer incentives in a highly desirable community close to everyday conveniences, dining, and commuter routes. MOTIVATED SELLER offering $10,000 toward buyer closing costs with an acceptable offer, creating an outstanding opportunity for buyers looking to maximize affordability and long term value. Conveniently located near Target, Publix, Harris Teeter, Starbucks, Chick fil A, and a variety of popular local restaurants with quick access to major highways and commuter roads, this location offers the perfect balance of comfort, accessibility, and lifestyle amenities. Residents enjoy nearby parks, greenways, shopping centers, recreation, and community events that make this area one of the most sought after places to live. This ENERGY STAR® certified home with a verified HERS Index score of 65 was designed for enhanced energy efficiency, comfort, and lower utility costs. The beautifully maintained two story home features hardwood flooring, crown molding, smooth ceilings, abundant natural light, and elegant architectural details throughout. A private main level office with decorative wainscoting and a wide cased opening creates the ideal flex space for working remotely, studying, or additional living needs. The open concept living area showcases a striking staircase with wrought iron balusters, decorative molding accents, and a gas fireplace that creates a warm and inviting focal point for gatherings and entertaining. The kitchen combines style and functionality with wood cabinetry, crown molding, brushed nickel hardware, granite countertops, stainless steel appliances, gas range, tile backsplash, pantry storage, pendant lighting, and a spacious center island. An added water purification system at the kitchen sink provides extra convenience. The primary suite offers a relaxing retreat with tray ceilings, dual closets, and a spa inspired bath featuring granite countertops, a soaking tub, and a walk in tiled shower. Secondary bathrooms also feature granite vanities for a cohesive upscale finish throughout the home. Outdoor living spaces include a covered front porch and a private fenced backyard ideal for entertaining, relaxing, pets, or play. Professionally managed by Cedar Management Group, the community provides a well maintained neighborhood atmosphere with convenient access to shopping, dining, recreation, and major commuter connections. A one year home warranty is included for added peace of mind. Energy efficient construction, generous seller incentives, and premium finishes make this home an easy choice.
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.
