Set on nearly 35 acres of rolling pastures, wooded views, and open space, this custom-built estate offers a rare combination of privacy, functionality, and thoughtful design. Gated entrances at both ends of the driveway provide controlled access to the property, while a circular drive welcomes you home. An additional drive leads behind the residence to the attached 2-car garage, two-stall horse barn, three fenced pastures, and additional acreage ready for a variety of uses. A massive covered front porch creates a striking first impression and offers the perfect place to enjoy the peaceful surroundings. While the home's exterior presents the charm of a ranch design, the true scale of the residence becomes apparent once inside, where expansive living spaces and a finished terrace level provide significantly more room than first meets the eye. Step through the leaded glass entry into a grand foyer featuring marble tile flooring and 10-foot ceilings that extend into the formal dining and living room. Just beyond, a hallway with dual coat closets leads into the heart of the home. The family room showcases a vaulted cathedral ceiling, custom built-in bookcases, and a gas fireplace with a hidden television compartment above. Floor outlets with integrated covers allow flexible furniture placement, while double doors open to the expansive screened porch, seamlessly blending indoor and outdoor living. The kitchen was designed with both beauty and function in mind. An oversized waterfall-edge marble island anchors the space, complemented by extensive cabinetry, marble countertops, and additional storage accessible from the breakfast area. Stainless steel appliances include a Thermador gas range with six burners, griddle, and matching microwave. Additional features include a farmhouse sink, pull-out spice storage, and generous workspace for meal preparation and entertaining. The breakfast area also features double doors leading to the screened porch. Privately situated on one side of the home, the primary suite offers vaulted ceilings, double closets, and direct access to the screened porch. The spacious bath features dual marble-top vanities, a seated vanity area, soaking garden tub, oversized tiled walk-in shower, and private water closet. Two secondary bedrooms share a Jack-and-Jill bathroom with dual vanities and an oversized double walk-in shower. An additional bedroom, currently utilized as a home office, includes a private full bath and provides flexibility for guests, work-from-home needs, or multigenerational living. The laundry/mudroom includes built-in cabinetry, utility sink, and direct access to the attached two-car garage. The garage has been finished with a decorative flake floor coating and outfitted with industrial-style cabinetry and a Slatwall storage system for exceptional organization. The finished terrace level offers outstanding flexibility with its own kitchen, bedroom, full bathroom, living area with fireplace, and two additional oversized finished rooms. Several unfinished areas provide opportunities for future expansion. French doors open to a courtyard overlooking the property, while a utility area with floor drain adds functionality. Additional features include hardwood flooring throughout the main living areas, central vacuum system, whole-home intercom system, three HVAC systems, whole-house carbon water filtration system, and an audio system serving the main level. Outside, enjoy mature landscaping, a gazebo, additional outbuilding, and nearly 35 acres of usable land. Whether your vision includes equestrian pursuits, gardening, recreation, or simply enjoying the peaceful surroundings, this property offers an exceptional opportunity to experience country living without sacrificing comfort and convenience.
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.
