Perched high above the city, this one-of-a-kind industrial penthouse isn't just a residence...it's an experience. From the moment you step inside, the vibe is undeniable. Cool-toned custom cabinetry, stainless steel appliances, a welded metal backsplash, and an expansive island kitchen create a bold yet refined aesthetic that feels straight out of a design magazine. The open floor plan flows effortlessly, surrounded by walls of windows that frame breathtaking city views and unforgettable sunsets. (Some say you even breathe better air higher up.) This is the only unit in the building with its own private elevator. A rare level of exclusivity that sets it apart immediately. Just off the entry, a dramatic spiral staircase accented with metal ceiling detail adds architectural interest and character that perfectly complements the industrial styling. Electric remote-controlled blinds allow you to shift the mood at the touch of a button. Step onto the private balcony and take in panoramic skyline views. Morning coffee hits differently up here, and evenings are pure magic as the sun sets over the city. Upstairs, two stunning suites overlook the skyline, along with a versatile flex space ideal for an office, art studio, fitness room, or additional bedroom. The primary suite is a true retreat, featuring built-in shelving, abundant natural light, and a spa-inspired en suite bath complete with a soaking tub, steam shower, sauna with warm wood detailing, and elevated finishes throughout. Who doesn't love their own private spa experience at home? As a penthouse residence, this unit includes two dedicated HVAC systems, a feature exclusive to the penthouse level offering enhanced comfort and efficiency, and these are not just any systems.. they are Reme Halo systems . Additional thoughtful upgrades include a steam shower, central vacuum system and convenient sweep suction in both the kitchen and primary suite for effortless living. Located within The Towers, residents enjoy posh amenities including a fitness center, outdoor pool, guarded access, and the security and convenience of luxury high-rise living. Please ask for full amenities & lifestyle lists! This is penthouse living at its finest! Elevated, exclusive, and effortlessly cool.
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.
