Welcome to 7539 Ivybrook Lane, a beautifully maintained end-unit townhome in the amenity-rich community of Tanyard Springs. Offering over 2,200 square feet of thoughtfully designed living space across three finished levels, this Lennar-built home combines style, functionality, and convenience in one exceptional package. As you arrive, you'll immediately appreciate the attractive exterior, additional windows afforded by the end-unit location, and the convenience of the attached garage. Step inside to the entry level where a spacious living room provides the perfect flex space for relaxing, working from home, or entertaining guests. The walkout provides direct access to the backyard as well as ample natural light. A convenient powder room and direct garage access complete this level. Head upstairs to the heart of the home, where an expansive open-concept living area creates an inviting atmosphere for everyday living and entertaining. The well-appointed kitchen showcases ample cabinetry, generous counter space, and a large center island flowing seamlessly into the dining and living areas, creating a space that's equally suited for hosting gatherings or enjoying a quiet evening at home. An additional powder room on this level adds convenience for guests. The upper level is dedicated to comfort and privacy, featuring three spacious bedrooms and two full baths. The primary suite serves as a relaxing retreat with a well-designed en-suite bath and ample closet space. Laundry is conveniently located on the bedroom level, making daily routines effortless. Outdoor living is equally enjoyable, with spaces perfect for morning coffee, grilling, or unwinding at the end of the day. Enjoy added privacy in the yard which backs to trees and is fenced. The end-unit setting provides added openness and natural light throughout the home! Beyond the home itself, residents of Tanyard Springs enjoy an impressive array of community amenities including a resort-style pool, fitness center, tennis courts, playgrounds, and scenic walking and jogging trails. Conveniently located near major commuter routes, shopping, dining, and everyday conveniences, this home offers the ideal balance of accessibility and neighborhood charm. Meticulously maintained and move-in ready, 7539 Ivybrook Lane presents a wonderful opportunity to enjoy spacious living in a wonderful community.
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.
