Priced to sell with a massive $25,000 price adjustment, this exceptional FOUR level brick townhouse stands completely apart from the competition, featuring a private fourth floor loft that adds over 500 square feet of wide open, versatile living space. Delivering unmatched turnkey peace of mind, this former model home is front-loaded with value and conveys with thousands of dollars in premium, included audio visual equipment. The private lower level theater room comes fully loaded with a Mitsubishi 3D projector, a Sony AV receiver, a Pioneer AV receiver, and a 6 channel power speaker selector that runs the hardwired ceiling speakers spanning the main level and upper hallway. Giving buyers total investment protection, every major mechanical system and appliance has been recently updated, including a new water heater (2022), a new central AC unit (2023), a new refrigerator (2024), and a brand new GE double oven combo with built in air fryer and convection technology (May 2025). Spanning over 2,500 square feet of meticulously upkept living space, the home features a rare, flowing main floor layout with gleaming hardwoods, double crown molding, a formal dining room, and a cozy family room anchored by a working fireplace with an integrated blower. The kitchen open plan transitions smoothly to your low maintenance composite privacy deck and lower stone patio, both backing directly to a peaceful tree line for premium backyard privacy. Upstairs features three spacious bedrooms, two full bathrooms, and custom built in closet cabinetry with integrated drawers in every room. Just above this level sits the sunlit 500+ square foot loft oasis, complete with an opening skylight that lets in an incredible breeze. The fully finished walk out basement serves as your stadium sound movie theater alongside a half bath with an existing rough in for an easy full bath conversion. Complete with an EV charger ready two car garage, direct access to the community's miles of nature trails, resort style pools, and an available 3.25% assumable VA loan, this property is a rare lifestyle upgrade at an unbeatable new price point.
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.
