Do you ever walk into a house and immediately think, finally, this is the space we’ve been needing? Welcome to a home where everything feels intentionally oversized. From extra storage to generously sized living areas, this layout is designed for how you actually live. From the moment you walk in, you're welcomed by a dedicated office with double glass doors, ideal for remote work or focused study. The open-concept living and dining area flows seamlessly, making gatherings feel natural. The walk-in pantry feels more like a full-sized room, complete with wood shelving and room for bulk storage or kitchen extras. Need more storage or workspace? The oversized garage features a tandem third bay, ideal for a workshop, home gym, or extra vehicle parking. Upstairs, you're greeted by a spacious bonus room, perfect as a second family room, media zone, or play area. Each of the two secondary bedrooms features a walk-in closet, adding long-term functionality as your needs evolve. Upstairs laundry room is located exactly where it should be: near the bedrooms, meaning no hauling baskets up and down stairs. The primary bedroom is oversized, with enough space for a reading nook or sitting area, and the walk-in closet is big; I mean, really big, and lined with custom wood shelving. The adjoining bath includes a soaking tub and a second closet for added convenience. Commuting to nearby military bases? You’re just 5 minutes from the Fort Carson gate, 15 minutes to Cheyenne Mountain, 15 miuntes to Peterson SFB’s main gate, and 20 minutes to the Enoch Gate at Schriever SFB. For downtime, Cross Creek Regional Park is just a 5-minute walk away. Enjoy a peaceful lake, shaded playground, and paved walking trails for evening strolls or weekend outings. The soccer field is perfect for practice or pick-up games, and the BMX track adds a dash of adventure. Whether you're entertaining, working, or unwinding, this home puts everything within reach.
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.
