No matter what chapter of life you're in, this home just makes sense. From the convenience of the main-floor primary suite and laundry to the extra bedrooms, basement space, fenced backyard, and pool, there's room here to live, grow, gather, and make memories. Yes, it's a two-story home, but the beauty of this floor plan is that you may never need to leave the main floor. The primary suite is tucked away as a private sanctuary with a walk-in closet, private bath, and separate water closet, while main-floor laundry makes everyday living a breeze. Whether you're raising a family, hosting grandkids, or simply planning ahead, you'll appreciate having your own space while kids, guests, and visitors spread out in the additional bedrooms. With over 2,300 square feet, 4 bedrooms, 2.5 bathrooms, and an open-concept design, there's room for everyone to gather without ever feeling crowded. The bright white kitchen overlooks the backyard and flows seamlessly into the dining and living areas, making it easy to stay connected whether you're helping with homework, hosting holidays, or keeping an eye on the kids playing outside. Soaring ceilings and a gas fireplace add warmth, character, and a feeling of home from the moment you walk in. Step outside to enjoy the covered front porch, the perfect place for morning coffee, evening conversations, or waving to neighbors as they pass by. Out back, the fully fenced yard offers space to play, entertain, and relax. The deck sits right off the dining area for easy summer barbecues, and the above-ground pool is ready for endless summer fun. Imagine cooling off on hot August afternoons while the kids swim, friends gather, and memories are made. Prefer more green space? The pool can easily be removed. Located in desirable Maple Grove Estates, you're just minutes from Freeland schools, shopping, dining, parks, and community events while still enjoying the feel of an established neighborhood where kids ride bikes, neighbors know each other, and life moves at a comfortable pace. Need even
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.
